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Announced

EverBank to acquire Sterling Bank & Trust for $261m.

Synopsis

EverBank, an American diversified financial services company, agreed to acquire Sterling Bank & Trust, a banking corporation, for $261m. "As a performance-driven bank, EverBank is focused on providing an advantage to every one of our consumer and commercial clients. We're looking forward to bringing together the Sterling Bank and EverBank teams to serve more people across the country and help them reach their own definition of success," Greg Seibly, EverBank CEO.

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