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0.00133766950972565 0.00133766950972565 0.00133766950972565 0.00133766950972565 0.00133766950972565 0.000184082960054005 0.000184082960054005 0.000184082960054005
Stock impact report

Carolina Trust BancShares, Inc. to Acquire Clover Community Bankshares, Inc. and its subsidiary bank

Maplebear Inc. (CART) 
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/4715924
Company Research Source: GlobeNewswire
LINCOLNTON, N.C. and CLOVER, S.C., June 15, 2018 (GLOBE NEWSWIRE) -- Carolina Trust BancShares, Inc. (“Carolina Trust”) (NASDAQ:CART), the parent company of Carolina Trust Bank, and Clover Community Bankshares, Inc. (“Clover”), parent company of Clover Community Bank, jointly announced today the entry into a definitive merger agreement pursuant to which Carolina Trust will acquire Clover and its subsidiary bank.  Upon completion of the transaction, the combined organization is expected to have approximately $600 million in assets, $450 million in loans, $500 million in deposits and $65 million in shareholders’ equity. With 11 full-service banking offices and 1 loan production office, including 9 full-service offices in North Carolina (in Lincoln, Rutherford, Iredell, Gaston, and Catawba Counties), 1 loan production office in Salisbury, North Carolina (Rowan County), and 2 branches in South Carolina (York County), the combined organization will be better positioned to serve the busi Show less Read more
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