DENVER - eTradeWire -- In a deal that closed on November 1, 2019, Shapiro Bieging Barber Otteson LLP (SBBO) represented LegacyTexas Financial Group, Inc. ("LegacyTexas"), the parent company of LegacyTexas Bank ("LegacyTexas Bank"), in its merger  with Prosperity Bancshares, Inc.® ("Prosperity"), the parent company of Prosperity Bank®.

The $2.1 billion transaction creates the third largest bank by deposits in the state of Texas and is the second largest bank merger in the state's history.

The SBBO team was led by Christian Otteson (http://www.sbbolaw.com/attorneys/christian-otte...), director of the firm's Financial Services Practice Group, and included partners Bo Anderson (http://www.sbbolaw.com/attorneys/bo-anderson/) and Kurt Leeper (http://www.sbbolaw.com/attorneys/kurt-leeper/).

More on eTradeWire News

• The Basement Brings on New COO: Conrad Edwards Joins Indianapolis Agency
• SMS - Cell Phone Marketing Tool
• DashStylists - Mobile Hairdressers offer a safer solution for hair services
• Walter Art Gallery Virtually Presents "The Compass Collection" with Lucretia Torva
• TalkZone Therapy Software INC. launches software development

Immediately after the merger, LegacyTexas Bank was merged into Prosperity Bank and LegacyTexas' business will operate as Prosperity Bank dba LegacyTexas Bank until systems conversion, which is scheduled for early June 2020. Upon conversion, the combined bank will operate as Prosperity Bank.

To read the full press release from Prosperity Bancshares, Inc. please click here. (https://www.sec.gov/Archives/edgar/data/1068851/000119312519282223/d822606dex991.htm)

About Shapiro Bieging Barber Otteson LLP (www.sbbolaw.com)

With offices in Denver, Colorado and Dallas/Fort Worth, Texas, Shapiro Bieging Barber Otteson LLP is a law firm committed to providing its clients with knowledgeable, responsive and cost-effective representation in the areas of financial services, capital markets, securities regulation, mergers and acquisitions, corporate structuring, insolvency, and insurance coverage.  Founded in 2001 by former partners of national law firms, the firm provides financial institutions, companies, and individuals with legal counsel in a broad range of commercial litigation, business, and regulatory matters. Many of the firm's attorneys have been recognized nationally for their industry-leading work.

More on eTradeWire News

• Woody's Bar-B-Q® Lifts the Bun on Three Hot New Sandwiches
• JMA Welcomes Steve Williams to Role of Chief Operations Officer
• Boston College theologian Richard Lennan returns as speaker for 2020 Voice of the Faithful Conference
• Horizons Savannah Raises Over $90,000 of Support During 2020 Giving Day
• Commercial Auto Insurance vs. Personal Auto Insurance