CenterState to Buy Small Bank
14th Sep 2005, 12:43 GMT
CenterState Banks of Florida Inc. intends to buy CenterState Bank Mid Florida, bank officials have announced. The bank will pay $14.50 per share -$4.35 in cash and $10.15 in common stock -- for a total of $14.5 million. CenterState Banks of Florida Inc. chairman Ernest Pinner said CenterState Bank Mid Florida is a bank that opened in Leesburg in...