Ameris Bancorp (Nasdaq: ABCB) entered into a merger agreement to acquire Atlanta-based Fidelity Southern Corp. (Nasdaq: LION) Monday for $750.7 million, or $27.22 per share. The agreement was unanimously approved by the boards of both companies.

Fidelity’s shareholders will receive 0.8 Ameris shares per Fidelity share. Five board positions will be added to Ameris’s board, bringing the total to 14 board members, and all five positions will be filled by current Fidelity board members. Fidelity Chairmanā€¦


Atlanta Business Journal
Ameris agrees to buy 'crown jewel of Atlanta' for 0 million

Stay Current On Entrepreneurship

One email per week, all the latest content from the top rising business owners