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Friday, May 25, 2018

Equity Corporate Actions Alert #2018 - 90
Information Regarding the Merger of Atlantic Coast Financial Corporation (ACFC)

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  • Industry Announcement

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At a special meeting held on March 21, 2018, the shareholders of Atlantic Coast Financial Corporation (ACFC) approved a merger with Ameris Bancorp (ABCB). The anticipated closing date is today, May 25th. The details are as follows:

Company: Atlantic Coast Financial Corporation
Issue: Common Stock
CUSIP#: 048426100
Symbol: ACFC
Marketplace Effective Date for Suspension: May 29, 2018
Merger Consideration: 0.17 shs of ABCB & $1.39 per share held

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