|
|
Article: Alabama National BanCorporation Announces Acquisition of The PB Financial Services Corporation, Parent of The Peachtree Bank in Metropolitan Atlanta - Conference Call Scheduled.
- Article from:
- PR Newswire
- Article date:
- May 24, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
BIRMINGHAM, Ala., May 24 /PRNewswire-FirstCall/ -- Alabama National BanCorporation ("ANB"), headquartered in Birmingham, Alabama, and The PB Financial Services Corporation, headquartered in Duluth, Georgia ("Peachtree"), today announced the signing of a definitive agreement providing for the acquisition of Peachtree by ANB. Under the agreement, Peachtree will be merged with and into ANB, and Peachtree's bank subsidiary, The Peachtree Bank, will become a wholly owned subsidiary of ANB. Following the acquisition, The Peachtree Bank will continue to operate under its existing name, management, and board of directors. The acquisition is subject to regulatory approval, ...