Latest South Florida business news

Everbank Acquires MetLife Bank's Warehouse Finance Business

JACKSONVILLE, FL -- EverBank announced today it has reached an agreement to acquire MetLife Bank's Warehouse Finance business. Financial terms of the transaction were not disclosed.

The acquisition, which is expected to close in the first half of 2012, will leverage EverBank's residential lending expertise and increase EverBank's assets by approximately $400 million.

"We've been interested in entering the warehouse lending business for some time," said Rob Clements, of...

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PSS World Medical Announces Proposed Offering of $250 Million Notes

JACKSONVILLE, Fla., -- PSS World Medical, Inc. (Nasdaq:PSSI) announced today its intention to offer, subject to market and other conditions, approximately $250 million aggregate principal amount of senior notes due 2022. The Company intends to use a portion of the net proceeds from the offering to repay borrowings under its new credit facility and to partially pre-fund the repayment of its 3.125% convertible notes due 2014 and for general corporate purposes, including potential repurchases of common stock and...

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In the News

• Ruth’s Hospitality Group Reports Full Year and Q4 2011 Results
• World Surveillance Group Chairman and CEO Outline Strategic 2012 Goals Following Recent $5.5 Million Investmen...
• Harris Corporation Is Now In Value
• Divine Skin Q4 Revenue Tops $3M
• Camden Partners Leads $8M Series B in Prolexic Technologies
• Naples, FL Agency Harbour Insurance Acquires Fidelity Insurance Associates
• General Atlantic Backs FNZ Alongside H.I.G.
• CSX Corp. Preferred In The Transportation Sector
• Net Element Acquires All Ownership Shares of Motorsport.com
• KeyDrive Acquires Moniker and SnapNames
• McKesson Acquires peerVue
• Uproar PR Selected as Public Relations Agency of Record for Nadanu
• ParkerVision Expands IP Portfolio With 23 New Patents in 2011
• Eco Ventures Update $12M Purchase Order with Agri Liquid Products
• Big VC Biotech Spending on the Rise for 2012
• Spanish Broadcasting System Completes $275M Notes Offering

User-Generated News

• Associa Community Management Professionals Receives AAMC Award
• ExitCare and Xpress Technologies Announce Partnership
• Bulova Technologies Group, Inc. Partners with Rosoboronexport
• Oragenics Announces Advisory Relationship with Dr. Richard Nagelberg, DDS
• Sisler Johnston Interior Design Completes Redesign Of Coleman Center At Fleet Landing In Atlantic Beach
• Community Management Concepts, Inc. Announces Client Expansion

People

• Joshua E. Young Joins Jones Walker's Miami Office

  MIAMI -- Jones Walker is pleased to announce that Joshua E. Young has joined the firm's Miami office. Joshua Young is a special counsel serving in the firm's Business & Commercial Litigation Practice Group. His practice focuses on the financial services industry, specifically in the banking sector, where he has previous experience from both an in-house and outside counsel capacity. Prior to joining Jones Walker, Mr. Young served as general counsel for a South Florida based...

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• Greenberg Traurig Attorney Cory W. Eichhorn Appointed to the Executive Committee for the Special Olympics of Miami-Dade County

  MIAMI--(BUSINESS WIRE)--The international law firm Greenberg Traurig, PA announced today that Cory W. Eichhorn has been appointed to the Executive Committee for the Special Olympics of Miami-Dade County. "Cory, who was just elevated to shareholder in our firm, will be a great addition to the Special Olympics Executive Committee with his legal experience and longstanding business and community contacts in South Florida," said Glenn E. Shareholder for...

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• JAX Chamber Board of Directors Sets 2012 Priorities
• Subhadip Chatterjee Promoted to Senior VP of IT at Acclaris
• Greenberg Traurig Shareholder Jon L. Swergold Has Been Elected to the Board of Trustees of the Museum of Discovery and Science
• iGPS Appoints Meredith Neizer as Chief Operating Officer

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