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Bank of the Ozarks acquires Bancshares for USD21.5m cash

US-based bank holding company, Bank of the Ozarks Inc (NASDAQ:OZRK) acquired Bancshares Inc of Houston, Texas for an aggregate of USD21.5m in cash, it reported on Wednesday.

The transaction will be accretive to diluted earnings per common share and together with the closing of the merger...  

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