CHARLOTTE, N.C. and ROCK HILL, S.C., March 5, 2014 (GLOBE NEWSWIRE) -- Park Sterling Corporation (Nasdaq:PSTB) ("Park Sterling"), the holding company for Park Sterling Bank, and Provident Community Bancshares, Inc. (OTCBB:PCBS) ("Provident Community"), the holding company for Provident Community Bank, N.A., announced today the signing of a definitive merger agreement under which Park Sterling will acquire Provident Community for a total transaction value of approximately $6.5 million.
Park Sterling Corporation And Provident Community Bancshares, Inc. To Merge
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