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Article: FIRST NATIONAL BANCORP, GAINESVILLE, GA. AND FF BANCORP, INC., NEW SMYRNA BEACH, FLA., ANNOUNCE MERGER AGREEMENT
- Article from:
- PR Newswire
- Article date:
- October 27, 1994
CopyrightCOPYRIGHT 1994 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)
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GAINESVILLE, Ga., Oct. 27 /PRNewswire/ -- First National Bancorp (Nasdaq-NNM: FBAC), Gainesville, Ga., today announced the signing of a Letter of Intent with FF Bancorp, Inc. (Nasdaq-NNM: FFSB), New Smyrna Beach, Fla., that agrees to a merger between the two banking companies.
First National Bancorp will acquire all of the outstanding stock of the $597 million asset FF Bancorp in a tax-free exchange whereby each share of FF Bancorp stock would be exchanged for .825 shares of First National Bancorp stock in a transaction to be accounted for as a pooling- of-interests. The merger is subject to execution of a Definitive Agreement, FF Bancorp shareholder approval and the ...
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Article: FF BANCORP, INC. ANNOUNCES FOURTH QUARTER CASH ...
PR Newswire;
October 28, 1994 ;
618 words
... ... Intent with First National Bancorp, a Georgia Bank Holding Company, whereby FF Bancorp will be acquired by First National Bancorp in a tax-free stock ... 7851/ (FFSB) CO: FF Bancorp, Inc.; First National Bancorp ST: Florida, Georgia ...
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