Synovus Buys FCB Financial In All-Stock Deal Valued At $2.9B
PYMNTS
JULY 24, 2018
Synovus Financial announced on Tuesday (July 24) that it is acquiring FCB Financial Holdings, owner of Florida Community Bank (FCB), Florida’s largest community bank, in a deal valued at $2.9 Following the closing, FCB will merge with Synovus Bank and operate under the Synovus brands. per FCB share, or $2.9 billion.
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