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Premier Bancshares Completes Acquisition of Bank Atlanta ATLANTA, Oct. 27 /PRNewswire/ -- Premier Bancshares, Inc. (NYSE: PMB) completed the acquisition of Bank Atlanta, with assets in excess of $80 million. Each share of Bank Atlanta common stock issued and outstanding was converted into and exchanged for the right to receive 1.4375 shares of Premier Bancshares' common stock. Premier Bancshares is a Georgia-based bank holding company with assets of approximately $1.8 billion. After a pending |
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CONTACT:
Darrell D. Pittard, Chairman and Chief
Executive Officer, 404-814-3090, or Michael E. Ricketson,
Executive Vice President and Chief Financial Officer,
770-476-3209, both of Premier Bancshares, Inc.
