Atlantic Coast Financial Corporation Stockholders Approve Merger with Ameris Bancorp
March 22 2018 - 7:00AM
Business Wire
Atlantic Coast Financial Corporation (the Company) (NASDAQ:
ACFC), the holding company for Atlantic Coast Bank, today announced
that at a special meeting of the stockholders of the Company held
March 21, 2018, the stockholders voted to approve the merger of the
Company with and into Ameris Bancorp (NASDAQ: ABCB), pursuant to
the Agreement and Plan of Merger, dated November 16, 2017, by and
between the Company and Ameris Bancorp. Subject to regulatory
approval and other customary closing conditions, the transaction is
expected to close during the second quarter.
About the Company
Atlantic Coast Financial Corporation is the holding company for
Atlantic Coast Bank, a Florida state-chartered commercial bank. It
is a community-oriented financial institution serving the Northeast
Florida, Central Florida and Southeast Georgia markets. Investors
may obtain additional information about Atlantic Coast Financial
Corporation on the Internet at www.AtlanticCoastBank.net, under
Investor Relations.
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version on businesswire.com: https://www.businesswire.com/news/home/20180322005232/en/
Atlantic Coast Financial CorporationTracy L. Keegan,
904-998-5501Executive Vice President and Chief Financial
Officer
Atlantic Coast Federal (NASDAQ:ACFC)
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