
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...
More »
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...
More »