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Big Mover; Southern Community Financial Corp. (SCMF)

Shares of Southern Community Financial Corp. (NASDAQ: SCMF), holding company for Southern Community Bank and Trust, are soaring in trading today after Capital Bank Financial Corp. raised its takeover offer for the company by 8%. Capital Bank Financial also plans to pay for the acquisition wholly in cash.

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June 26th, 2012 | Tags: | Category: Hot MicroCaps | Leave a comment

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