As Pittsburgh’s FNB Corp. (NYSE: FNB) prepares to buy Raleigh’s Yadkin Financial (NYSE: YDKN) in a deal worth $1.4 billion, a group of North Carolina's banking elite are readying for a payday. Deal terms value Yadkin shares at $27.35. And that means Raleigh banking entrepreneur Adam Abram’s 522,809 shares would be worth a cool $14.3 million. That’s about a million more than his stake is currently worth if you use Tuesday’s closing price of $25.30. Abram, who sits on Yadkin’s board,…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/news/2016/07/27/by-the-numberwho-could-benefit-the-most-in-yadkin.html?ana=RSS%26s=article_search
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