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Tags
Acq. announced
Inv. presentation
Quarterly results
PALMETTO BANCSHARES INC (PLMT)
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Alert
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Filings
Date Filed
Type
Description
04/22/2015
8-K
Acquisition/merger/asset purchase announced
Docs:
"
Agreement and Plan of Merger by and between Palmetto and United
",
"
Amended and Restated Bylaws
",
"
United Community Banks and Palmetto Bancshares Announce Merger Agreement ● Strategic combination that accelerates growth in Upstate South Carolina markets ● Financially attractive combination that is immediately accretive to earnings ● Low risk transaction with identified cost savings; strong combined management team in market BLAIRSVILLE, GA and GREENVILLE, SC – April 22, 2015 – United Community Banks, Inc. the holding company for United Community Bank, and Palmetto Bancshares, Inc. the holding company for The Palmetto Bank, jointly announced today the signing of a definitive agreement pursuant to which Palmetto will merge with and into United. The resulting combination is designed to create immediate value for shareholders of both companies. The transaction also fits we...
"
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