Rogers & Hardin congratulates Ameris Bancorp (NASDAQ-GS: ABCB) on the signing of definitive agreements for two strategic acquisitions. On January 29, 2015, Ameris announced a stock purchase agreement regarding the acquisition of Merchants & Southern Banks of Florida, Incorporated, the holding company for Merchants and Southern Bank, Gainesville, Florida.
Also on January 29, Ameris announced the signing of a purchase and assumption agreement with Bank of America, National Association, under which Ameris will acquire 18 branches, ten of which are located in South Georgia and eight of which are located in North Florida.
Both transactions are expected to close during the second quarter of 2015, subject to customary closing conditions and regulatory approvals.
More information on these transactions can be found here.