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CenterState Bank and South State Bank have announced plans to merge, with John Corbett of Winter Haven to serve as Chief Executive Officer. Their combination will create a leading Southeastern-based regional bank with a market value of approximately $6 billion.

The combined company will operate under the South State name and trade on the Nasdaq stock market using the South State ticker symbol SSB. The company will be headquartered in Winter Haven, and will maintain a significant presence in Columbia and Charleston, SC, Charlotte, NC and Atlanta, GA.

According to their public announcement t...