Prosperity Bancshares Inc. Message Board

From the december 24 release

"The Merger is expected to be completed in the second quarter of 2003, although no assurance can be given as to whether or when the Merger will actually be consummated. "

It was always supposed to be in the 2nd quarter.

I think the Venezuelan strike would cause a certain amount of delay but there wasn't anything to indicate that this deal wasn't going to get done eventually. I've been involved in lots of takeover plays and the worst ones are the utilities where the regulatory boards are notorious for taking their sweet time in approving these deals. So a bit of delay isn't really that bad imho. Still have to be prepared for some gut wrenching. Nothing is ever written in stone with these mergers.