PlainsCapital, Hilltop to Merge

Two heavyweight Dallas bankers are joining forces. Alan White’s PlainsCapital, which prepared but then dropped an IPO a couple of years ago, will announce a merger today with Gerald J. Ford’s Hilltop Holdings. PlainsCapital, which was founded in Lubbock before moving to Dallas in 2001, will become a subsidiary of Hilltop, the Lubbock paper reports.

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