Hancock Holding nets $167 million from offering

Published 5:40 pm Wednesday, October 28, 2009

Regional banker Hancock Holding Co. says it has netted about $167 million from a public offering of its common stock.

Gulfport-based Hancock sold about 4.9 million shares.

The company says it will use the money for general corporate purposes, which could include expansions and acquisitions.

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