Business Briefs

Sept. 29, 1988
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JACKSONVILLE, Fla. -- Barnett Banks Inc. Thursday announced plans to continue its expansion into the Atlanta banking market by acquiring Farmers and Merchants Bank of Fayetteville, Ga., for an undisclosed amount of stock.

The Fayette County bank, located south of Atlanta, has assets of about $100 million and three offices, Barnett said. Hill R. Redwine will remain as president.

Barnett is Florida's largest banking company, with assets of $24 billion.

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