National Commerce Corp. talks FirstAtlantic acquisition

(Courtesy of Jacksonville Business Journal) National Commerce Corporation (Nasdaq: NCOM), the Alabama-based parent company of the National Bank of Commerce, held a conference call with investors Thursday about its definitive agreement to acquire Jacksonville-based FirstAtlantic Financial Holdings, Inc.(OTCQX: FFHD), parent company of FirstAtlantic Bank. "We're very excited about the FirstAtlantic management team, the franchise they … Continue reading National Commerce Corp. talks FirstAtlantic acquisition

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Fidelity National Financial sells a subsidiary for $560M cash

(Courtesy of Jacksonville Business Journal) Jacksonville-headquartered Fidelity National Financial announced Monday it had signed an agreement to sell one of its subsidiaries for $560 million in cash to a New York-based private equity firm. Fidelity purchased One Digital Health and Benefits about four years ago. The Atlanta-based company then purchased two Jacksonville-headquartered companies: Compass Consulting … Continue reading Fidelity National Financial sells a subsidiary for $560M cash

Wells Fargo quietly discloses that its annual meeting will be in Jacksonville

(Courtesy of Jacksonville Business Journal) Wells Fargo has revealed the site of its annual shareholders meeting: It will be at the Sawgrass Marriott in Ponte Vedra Beach, Fla., near Jacksonville, at 10 a.m. on April 25. This would not be breaking news for most major corporations, where the announcement of details for the annual meeting … Continue reading Wells Fargo quietly discloses that its annual meeting will be in Jacksonville

Regency Centers closing merger with Equity One this week

(Courtesy of Financial News and Daily Record) Shareholders of Regency Centers Corp. on Friday approved the company’s $4.6 billion merger with Equity One Inc., clearing the way to close the deal this week. Regency will be the surviving company of the merger between the two companies that specialize in developing and operating shopping centers anchored … Continue reading Regency Centers closing merger with Equity One this week

Wall Street Is Hiring … in Florida (The nearshoring strategy is aligned with President Trump’s push to keep jobs in the U.S.)

(courtesy of Bloomberg) When Deutsche Bank sent senior Wall Street executive Leslie Slover to run its expanding outpost in Jacksonville, Fla., she wasn’t entirely ready for the lifestyle. Gone were the skyscrapers and subways. In their place was a corporate campus with a pond and vast parking lots, flanked by rows of new town houses, … Continue reading Wall Street Is Hiring … in Florida (The nearshoring strategy is aligned with President Trump’s push to keep jobs in the U.S.)