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  1. www.investopedia.com › pacwest-banc-of-californiaPacWest Shares Soar After Merger with Rival Banc of California

    Jul 26, 2023 · PacWest shareholders will receive 0.66 Banc of California shares for each share they own. The lenders together will raise $400 million by selling newly issued stock at $12.30 per share to...

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  3. www.latimes.com › business › storyPacWest to be sold to Banc of California in rescue deal

    Jul 25, 2023 · PacWest stockholders will get 0.66 of a share of Banc of California common stock for each of their shares. The banks will sell assets with the aim of repaying $13 billion of wholesale...

  4. finance.yahoo.com › news › pacwest-pacw-bancPacWest (PACW) & Banc of California (BANC) Soar on Merger Deal

    Jul 26, 2023 · PacWest stockholders will receive 0.6569 shares of BANC common stock for each share of PacWest common stock they own.

  5. www.reuters.com › markets › dealsPacWest stock soars on $1.1 billion buyout deal with Banc of ...

    Jul 26, 2023 · July 26 (Reuters) - PacWest Bancorp's (PACW.O) shares jumped nearly 29% on Wednesday, as investors cheered Banc of California's (BANC.N) $1.1 billion deal for the lender that has been under...

  6. finance.yahoo.com › news › pacwest-pacw-bancPacWest (PACW)-Banc of California (BANC) Deal Gets ...

    Nov 23, 2023 · PacWest (PACW) and Banc of California (BANC) receive shareholder approval for their merger deal. The transaction is expected to close on or around Nov 30, 2023, as planned.

  7. apnews.com › article › banc-of-california-pacwestBanc of California to buy troubled PacWest Bancorp, which ...

    Jul 25, 2023 · The Banc of California has agreed to buy PacWest Bancorp in an all-stock transaction, bringing an end to months of speculation about whether PacWest could survive on its own after the failures of three other regional banks this spring.

  8. www.forbes.com › sites › willskipworthPacWest Bank Shares Sink 27%—And Rebound—Ahead ... - Forbes

    Jul 25, 2023 · The deal, which is an all-stock sale, will see PacWest stockholders receive 0.6569 of a Banc of California common share for each PacWest common share they own. The combined bank will be...

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