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The Seminole Tribe of Florida has withdrawn its agreement to buy Mackinac Savings Bank in Boynton Beach, Fla., and may instead try to open a credit union.
February 2 -
Shareholders took a big gamble that Atlantic Coast Financial in Florida can raise enough capital to save itself when they rejected a buyout offer. There are more funds to be had these days, but they are harder to get, experts warn.
June 12 -
Shareholders who hoped proxy firms ISS and Glass Lewis would help them decide on Bond Street's controversial $5-per-share offer for Atlantic Coast Financial in Florida are out of luck: ISS says "aye," while Glass Lewis says "nay."
June 7
Atlantic Coast Financial in Jacksonville, Fla., has named Tracy Keegan its full-time chief financial officer.
The $709 million-asset holding company for Atlantic Coast Bank said Keegan's appointment was effective on Monday. She succeeds James Hogan, who retired as interim CFO and chief risk officer, but will remain a company director.
Keegan previously worked as a consultant for the Seminole Tribe of Florida on its efforts to
Keegan's appointment comes after Atlantic Coast was