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    Friday, November 27, 2009

    MidSouth Bancorp to Issue $30 Million in Shares

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    By Darryl R. Isherwood
    FOXBusiness
       

      MidSouth Bancorp. Inc. (MSL) shares fell 5% in morning trading Friday.

      On Wednesday, The holding company of MidSouth Bank N.A. and Lamar Bank announced it would sell as much as $30 million in shares to fund potential future acquisitions.

      MidSouth expects to sell its common stock in an underwritten public offering with Howe Barnes Hoefer & Arnett, Inc. acting as sole book running manager and Sterne, Agee & Leach, Inc. and FIG Partners, LLC serving as co-managers

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