Columbus-based Synovus merges with Nashville-based Pinnacle, which will result in Atlanta headquarters for holding company.
Synovus was founded out of Columbus’ textile mills more than a century ago. (Arvin Temkar/AJC)
Columbus-based Synovus Financial and Nashville-based Pinnacle Financial Partners completed their merger Thursday, according to filings with the U.S. Securities and Exchange Commission. The all-stock transaction was valued at $8.6 billion.
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Synovus CEO Kevin Blair is now the chief executive of the merged bank. (Arvin Temkar/AJC)
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Synovus employs about 1,200 in Columbus. (Arvin Temkar/AJC)
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Read More: Synovus finalizes blockbuster bank merger with Pinnacle
