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An investor with a history of forming and selling banks has bought a large stake in Liberty Bell, a Philadelphia-area bank.
February 15 -
Though many banks have capitalized on the financial crisis, Home BancShares is a leader among that group. It scooped up seven failed banks in Florida and bought two more open, but deeply distressed, ones, a tally few can top.
November 21 -
John W. Allison of Home BancShares was on the prowl for a deal in Florida when a "game-changer" came up in its home state of Arkansas. He sacrificed geographic diversification for a local moneymaker. Was it the right move for the long term?
July 3
Home BancShares (HOMB) in Conway, Ark., has agreed to buy Florida Traditions Bank in Dade City, Fla.
The $6.8 billion-asset Home said in a press release late Thursday that it will pay $43 million stock for the $312 million-asset Florida Traditions. Home said it expects to complete the acquisition by early in the fourth quarter.
Florida Traditions also has
"We continue to execute on our very