Florida Community Bank signed a deal to acquire Great Florida Bank, which has been under orders from regulators to raise capital. Weston-based Florida Community Bank, a subsidiary of private equity-funded Bond Street Holdings, missed out on a deal to acquire Jacksonville-based Atlantic Coast Financial Corp. (NASDAQ: ACFC) in June when the shareholders of the selling bank voted against the deal. Read entire article… Author: Brian Bandell. Source: South Florida Business Journal.
July 18, 2013
ARTICLES, Banking & Finance