NationsBank Corp., Charlotte, N.C., said Monday it has a buyer for the last eight branches it must divest as part of its acquisition of Barnett Banks Inc., Jacksonville, Fla.

Republic Bancshares, St. Petersburg, Fla., agreed to pay $37.8 million for the branches, which have $255 million of deposits and $184 million of loans. Five branches are from Barnett, three from NationsBank. The transaction is expected to close in the second quarter.

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