Yadkin Financial, the Raleigh-based parent of Yadkin Bank (NYSE: YDKN), is being acquired by Pittsburgh-based F.N.B. Corp. (NYSE: FNB) in a deal worth about $1.4 billion. Yadkin CEO Scott Custer, minutes after the official announcement, said the deal was the result of "back and forth discussions" between the two entities. The news comes after reports surfaced two months ago that Yadkin — which has itself been snapping up competitors — was exploring the possibility of a sale. "These things don't…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/news/2016/07/21/fnb-corp-acquisition-yadkin-financial.html?ana=RSS%26s=article_search
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