Aquesta Financial Holdings, Inc. has entered into a merger agreement with United Community Banks, Inc. The merger must be approved by Aquesta’s stockholders. A special meeting of stockholders will be held later this year where stockholders will vote on the proposed merger. Aquesta stockholders will receive a proxy statement/prospectus in the coming weeks. This document will contain details regarding the special meeting of stockholders and instructions for how to vote your shares. Please review this document when you receive it and promptly vote your shares as instructed in the proxy materials.
United Community Banks, Inc. has issued a press release announcing the proposed merger of United Community Banks, Inc. and Aquesta Financial Holdings, Inc. A copy of the press release is available here.