Stonegate Bank is increasing its footprint in Broward and Palm Beach counties with an agreement announced Tuesday to buy the parent of five-branch Regent Bank for $40 million.
The Pompano Beach-based buyer signed a definitive agreement with Regent Bancorp Inc., the bank holding company, to close later this year. The deal is valued at $9.02 per RBI share, according to a news release.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
