ACFC Atlantic Coast Financial Corp.

Atlantic Coast Financial Corporation Stockholders Approve Merger with Ameris Bancorp

Atlantic Coast Financial Corporation (the Company) (NASDAQ: ACFC), the holding company for Atlantic Coast Bank, today announced that at a special meeting of the stockholders of the Company held March 21, 2018, the stockholders voted to approve the merger of the Company with and into Ameris Bancorp (NASDAQ: ABCB), pursuant to the Agreement and Plan of Merger, dated November 16, 2017, by and between the Company and Ameris Bancorp. Subject to regulatory approval and other customary closing conditions, the transaction is expected to close during the second quarter.

About the Company

Atlantic Coast Financial Corporation is the holding company for Atlantic Coast Bank, a Florida state-chartered commercial bank. It is a community-oriented financial institution serving the Northeast Florida, Central Florida and Southeast Georgia markets. Investors may obtain additional information about Atlantic Coast Financial Corporation on the Internet at www.AtlanticCoastBank.net, under Investor Relations.

EN
22/03/2018

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Reports on Atlantic Coast Financial Corp.

 PRESS RELEASE

Atlantic Coast Financial Corporation Reports First Quarter 2018 Earnin...

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Atlantic Coast Financial Corporation (Atlantic Coast or the Company) (NASDAQ: ACFC), the holding company for Atlantic Coast Bank (the Bank), today reported earnings per diluted share of $0.09 for the first quarter of 2018 compared with earnings of $0.10 per diluted share in the same quarter last year. Commenting on the Company's results, John K. Stephens, Jr., President and Chief Executive Officer, said, "During the first quarter, we continued to work as a team to ready our company for it...

 PRESS RELEASE

Atlantic Coast Financial Corporation Stockholders Approve Merger with ...

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Atlantic Coast Financial Corporation (the Company) (NASDAQ: ACFC), the holding company for Atlantic Coast Bank, today announced that at a special meeting of the stockholders of the Company held March 21, 2018, the stockholders voted to approve the merger of the Company with and into Ameris Bancorp (NASDAQ: ABCB), pursuant to the Agreement and Plan of Merger, dated November 16, 2017, by and between the Company and Ameris Bancorp. Subject to regulatory approval and other customary closing conditions...

 PRESS RELEASE

The Law Offices of Vincent Wong Notifies Investors of an Investigation...

NEW YORK--(BUSINESS WIRE)-- The Law Offices of Vincent Wong are investigating the Board of Directors of Atlantic Coast Financial Corporation (NASDAQ:ACFC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Ameris Bancorp (NASDAQGS:ABCB). Under the terms of the deal, Atlantic Coast Financial shareholders will receive 0.17 shares of Ameris common stock and $1.39 in cash per share. The investigation concerns whether the Atlantic Coast Financial Board of ...

 PRESS RELEASE

Atlantic Coast Financial Corporation Shareholder Alert: Former SEC Att...

DALLAS--(BUSINESS WIRE)-- Former United States Securities and Exchange Commission attorney Willie Briscoe is investigating potential claims against the Board of Directors of Atlantic Coast Financial Corporation (“Atlantic Coast”) (NASDAQ: ACFC) concerning the merger with Ameris Bancorp (NASDAQ: ABCB). Under the terms of the agreement, valued at approximately $145 million, Atlantic Coast shareholders will only receive 0.17 shares of Ameris common stock and $1.39 in cash per Atlantic Coast share held. If you are an affected inv...

 PRESS RELEASE

INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investig...

NEW YORK--(BUSINESS WIRE)-- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Atlantic Coast Financial Corporation (“Atlantic Coast” or the “Company”) (NASDAQGS: ACFC) stock prior to November 17, 2017. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Atlantic Coast Financial to Ameris Bancorp (NASDAQGS: ABCB) for 0.17 shares of Ameris common stock and $1.39 in cash per share. To learn mor...

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