Deal snapshot: Seacoast to Acquire Professional Bank to Expand in South Florida.

MANews-(C)2009-2022

Florida-based community bank Seacoast Banking Corp. of Florida (NASDAQ: SBCF), the holding company for Seacoast National Bank, Professional Holding Corp. (NASDAQ: PFHD), parent company of Professional Bank, have entered into a definitive agreement under which Seacoast will acquire Professional to expand presence in South Florida, the company said.

Under...

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