Business Services Industry
Gateway American acquisition - Big Deals
South Florida CEO, August, 2002
> * P.C.B. Bancorp has agreed to purchase Fort Lauderdale-based Gateway American Bancshares in a stock deal valued at $11.2 million, or $3 a share. Gateway, which has four branches in Miami-Dade and Broward counties, had assets of $14 million at the end of March. P.C.B. Bancorp, which has more than $500 million in assets, is the holding company for Premier Community Bank of Florida and Premier Community Bank of Southwest Florida Regulatory approval is pending.
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