Printer Friendly

BARNETT AND BANK SOUTH CLOSE EXCHANGE OF BANKS

 JACKSONVILLE, Fla., Dec. 3 /PRNewswire/ -- Barnett Banks, Inc. (NYSE: BBI) yesterday closed the acquisition of Bank South Corporation's (NASDAQ-NMS: BKSO) Pensacola banking franchise in exchange for Barnett's Atlanta banking franchise. Barnett also received 1.68 million shares of Bank South common stock and cash.
 With $37 billion in assets and 633 offices in Florida and Georgia, Barnett Banks, Inc. is the leading financial institution in Florida and the 21st-largest in the United States. The company's stock (BBI) is listed on the New York Stock Exchange.
 -0- 12/3/93
 /CONTACT: Bob Stickler (media), 904-791-5437, or home, 904-396-9284, or Susan Friloux (analysts), 904-791-7627, or home, 904-246-2965, both of Barnett Banks/
 (BBI BKSO)


CO: Barnett Banks, Inc.; Bank South Corporation ST: Florida IN: FIN SU: TNM

JB-SS -- FL002 -- 0117 12/03/93 09:03 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Dec 3, 1993
Words:133
Previous Article:FORD OF EUROPE PRESIDENT WILLIAM H. FIKE TO RETIRE
Next Article:PACIFIC SCIENTIFIC ANNOUNCES DIVIDEND
Topics:

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters