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Seacoast Banking's GulfShore Bancshares buy to close in Q2'17

Stuart, Fla.-based Seacoast Banking Corp. of Florida's acquisition of Tampa, Fla.-based GulfShore Bancshares Inc. is now expected to close in the second quarter.

The banks originally projected the cash-and-stock deal, valued at approximately $54.8 million, to close in the first quarter.