Fidelty Southern Gets Acquired: I'm Taking Profits [Seeking Alpha]
Lionheart III Corp (LION)
Last lionheart iii corp earnings: 4/18 12:23 pm
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US:NASDAQ Investor Relations:
lionbank.com/southern
Company Research
Source: Seeking Alpha
Fidelty Southern Gets Acquired: I'm Taking ProfitsSummaryAmeris Bancorp is acquiring Fidelity Southern for ~$28/share.That's a solid premium to the $21.50 area it traded at prior to the deal announcement.Ameris is an aggressive growth bank; I prefer more conservative operations.There is no merger premium left in Fidelity Southern's stock.Thus, unless you want to hold Ameris stock, it makes sense to take your gains and sell Fidelity Southern here.
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