​Here’s why one of Middle Tennessee's biggest banks is going private

This year, we’ve seen a trio of Nashville area banks go public – two in the form of initial public offerings. The fifth-largest bank by assets in Middle Tennessee is doing the exact opposite. As we reported Monday morning, Columbia-based First Farmers and Merchants Bank plans to go private. Right now, the bank’s stock is publicly traded on the OTC Markets under the ticker “FFHM”, though not on a major exchange like the Nasdaq or New York Stock Exchange. Brian Williams, First Farmers’…

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