American Community Bancshares Adjourns Shareholder Meeting
CHARLOTTE, NC--(Marketwire - February 27, 2009) - American Community Bancshares, Inc. (NASDAQ: ACBA) announced that American Community's board of directors has
unanimously agreed to adjourn its special meeting of shareholders for its
shareholders to vote on the proposed merger with Yadkin Valley Financial
Corporation. As previously announced, the board of directors of Yadkin
Valley Financial Corporation (NASDAQ: YAVY) has also unanimously agreed
(with one abstention) to adjourn its special meeting of shareholders.
Yadkin Valley and American Community anticipate sending supplemental proxy
materials to their shareholders, which will include a description of
American Community's and Yadkin Valley's 2008 year-end results, as well as
the date, place, and time at which shareholder meetings for both Yadkin
Valley and American Community will be reconvened, as soo
February 27, 2009 | Filed Under
Mergers and Acquisitions Comments