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Georgia-Carolina Bancshares, Inc. (GECR)

  • Jun. 24, 2014, 8:18 AM
    • State Bank Financial (STBZ) agrees to acquire Georgia-Carolina Bancshares (GECR) in a cash and stock deal with valuation of roughly $82M, or $22.35 per share (vs. last night's close of $13.71). The deal is expected to close in 2015 Q1.
    • State Bank will host a conference call to discuss at 10 ET.
    • Source: Press Release
    • The acquirer is ahead 4% premarket.
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