(RTTNews) - Simmons First National Corp. (SFNC: News ) announced that it has commenced an underwritten public offering of approximately $65 million of its common stock.

The underwriters will have a 30-day option to purchase up to an additional 15 percent of the offered amount of common stock from the Company, to cover over-allotments, if any.
The Company intends to use the net proceeds from this offering for general corporate purposes and possible future acquisitions of other financial services businesses, including possible FDIC-assisted acquisition.

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by RTT Staff Writer

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