# Professor Lawrence White is quoted in a story addressing the recent merger of IberiaBank and First Horizon

1 Faculty News July 12, 2020 ![The Advocate Logo](/sites/default/files/styles/246w/public/assets/images/Acadiana%20Advocate%20Logo%20190%20x%20145.jpg?itok=bliR4C4_)>

Excerpt from [The Advocate](https://www.theadvocate.com/acadiana/news/business/article_85be1d44-3eee-11ea-b8b4-57f47cd0b46f.html) -- "Sometimes it's a more complicated story than, 'Oh, any company ought to get a premium,' said [Lawrence White](https://www.stern.nyu.edu/faculty/bio/lawrence-white), professor of economics at New York University at the Stern School of Business. 'When Company A wants to buy Company B, almost always there will be a premium that Company A offers over the pre-announcement share price,' said White, who has been in academia for more than 40 years."

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