IberiaBank (IBKC) Tops Q3 EPS by 2c

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IBERIABANK Corp (IBKC) to Acquire Old Florida Bancshares

October 27, 2014 7:37 AM EDT

IBERIABANK Corp (NASDAQ: IBKC) and Old Florida Bancshares, Inc., jointly announced the signing of a definitive agreement for IBKC to acquire Old Florida via merger. The proposed merger of Old Florida with and into IBKC has been approved by the Board of Directors of each company and is expected to close in the first quarter of 2015. Completion of the transaction is subject to customary closing conditions, including the receipt of required regulatory approvals and the approval of Old Florida's shareholders.

John O. Burden, Sr., President and Chief Executive Officer of Old Florida,... More