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Latest South ST Fncl Pfd A (SSFCP) Headlines

INVESTOR ALERT Levi & Korsinsky, LLP Announces Investigation of South Street Financial Corp. and Its Board of Directors In Relation to the Sale of the Company to BNC Bancorp
Business Wire - Thu Dec 19, 10:38AM CST
Levi & Korsinsky is investigating the Board of Directors of South Street Financial Corp. ("South Street" or "the Company") (OTC BB: SSFC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to BNC Bancorp ("BNC") (Nasdaq: BNCN).

BNC Bancorp CEO Rick Callicutt Discusses Recent Transaction Announcements
PR Newswire - Wed Dec 18, 7:40AM CST
BNC Bancorp (NASDAQ: BNCN), the parent company of Bank of North Carolina ("BNC" or "the Bank"), today announced that it has signed an Agreement and Plan of Merger with both South Street Financial Corporation, the parent company of Home Savings Bank, FSB in Albemarle, North Carolina ("South Street"), and Community First Financial Group, Inc. ("Community First"), the parent company of Harrington Bank, FSB in Chapel Hill, North Carolina. These two transactions provide approximately $275 million and $228 million in assets in the Metro-Charlotte market and the Raleigh-Durham-Chapel Hill market, respectively.

BNC Bancorp and South Street Financial Corp. Announce Definitive Merger Agreement
PR Newswire - Wed Dec 18, 7:30AM CST
BNC Bancorp (NASDAQ: BNCN), the parent company of Bank of North Carolina ("BNC" or "the Bank"), today announced that it has signed an Agreement and Plan of Merger ("Agreement") with South Street Financial Corp. ("South Street"), the parent company of Home Savings Bank of Albemarle, SSB ("Home Savings"). Home Savings is a North Carolina savings bank with $274.1 million in assets serving consumer, small businesses and professionals in the Albemarle area of North Carolina.

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