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Stock impact report

Synovus Receives Regulatory Approval for FCB Financial Holdings, Inc. Merger

FCB FINANCIAL HOLDINGS INC (FCB) 
Last fcb financial holdings inc earnings: 10/23 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.floridacommunitybank.com
Company Research Source: Business Wire
COLUMBUS, Ga. & WESTON, Fla.--(BUSINESS WIRE)-- Synovus Financial Corp. (NYSE: SNV) and FCB Financial Holdings, Inc. (NYSE: FCB) today jointly announced that Synovus has received regulatory approval from the Federal Reserve Board and the Georgia Department of Banking and Finance to complete the merger with FCB Financial Holdings, Inc., owner of Florida Community Bank, National Association. The merger of FCB into Synovus is expected to be completed on or about January 1, 2019, subject to the satisfaction of customary closing conditions. Transition of FCB systems, customers, branches, and branding to Synovus is expected during the second quarter of 2019. “Regulatory approval is the final significant milestone in the merger of FCB and Synovus, and I am proud of the way our respective teams have worked together since the announcement of this transaction,” said Kessel Stelling, Synovus chairman and CEO. “I Show less Read more
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