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United Community Banks, Inc. and ANB Holdings, Inc., the Parent of American National Bank, Announce Merger Agreement
UCBUnited Community Banks, Inc.(UCB) GlobeNewswire News Room·2024-12-03 20:45

GREENVILLE, S.C., Dec. 03, 2024 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NYSE: UCB) (“United”) and ANB Holdings, Inc. (“ANB”) announced today the execution of a definitive merger agreement (the “Merger Agreement”) pursuant to which United will acquire ANB, and its wholly-owned subsidiary, American National Bank (“ANB Bank”), in an all-stock transaction with an aggregate value of approximately $80 million (the “Merger”). ANB Bank is headquartered in Oakland Park, Florida, a northern and fast-growing ...