First Advantage Bank to go Private
April 24, 2013
Growing Bank Leaving NASDAQ Stock Market to Fuel Strategic Plans
Clarksville, TN – The board of directors for First Advantage Bancorp, the holding company for Clarksville-based First Advantage Bank, has approved a move to leave the NASDAQ Stock Market and take the bank private.
The organization will utilize SecondMarket, the leading alternative to the public markets, to facilitate stock transactions and shareholder communications. The company expects the move to create more shareholder value, allow the management team to focus on strategic plans for ongoing growth, and dramatically reduce its administrative costs. [Read more]
