Deal snapshot: The First Bancshares to Acquire Florida's Beach Bancorp in USD 116.7m Deal.
MANews-(C)2009-2022
Mississippi, US-based bank holding company The First Bancshares, Inc. (NASDAQ: FBMS), holding company for The First Bank, has entered into a definitive agreement to acquire Florida, US-based Beach Bancorp, Inc, parent company of Beach Bank based in Fort Walton Beach, Florida, the company said.
The proposed transactions will deepen The First's presence in the Florida panhandle, while also providing an entry into the Tampa, Florida market...
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