Magna Bank Shareholders Approve Combination with Pinnacle Bank

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NASHVILLE, Tenn. & MEMPHIS, Tenn.--(BUSINESS WIRE)--Shareholders of Magna Bank (“Magna”) today voted overwhelmingly in favor of the proposed merger of Magna with Pinnacle Bank, a wholly owned subsidiary of Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) (“Pinnacle”). Subject to the satisfaction of the remaining closing conditions contained in the merger agreement, the transaction is expected to close late in the third quarter. At that time Pinnacle will have total assets of more than $8 bi

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