THE SDN covers the resignation of two Cadence directors this AM. It’s a rehash os the SEC filing from a week ago with added comments from Lewis F. Mallory Jr., Cadence’s board chairman and CEO.
It would have been interesting to hear from the two directors who resigned.
Cadence is the only Fortune 500 headquartered in the Golden Triangle and is a Starkville success story.
Their stock (Cadence Financial Corporation) closed down 10.53% at $1.70 yesterday. That puts them at a market value of $20,252,100.
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