Benzinga

JULY 25, 2023

NYSE: BANC ) and PacWest Bancorp (NASDAQ: PACW ) shares were volatile in after-hours trading Tuesday after a merger between the companies was announced. The Banc Of California, PacWest Deal: The companies signed a definitive agreement through which they will combine in an all-stock merger transaction.

Banking 98

Banking Marketability 98

Law 360 M&A

JULY 25, 2023

Banc of California and PacWest Bancorp said Tuesday they will combine to form a bank holding company with $36 billion in assets, along with receiving a $400 million concurrent investment from a pair of private equity firms, in a move shaped by four law firms.

Private Equity Firm 52

Private Equity Firm Banking Equity 52

Benzinga

OCTOBER 19, 2023

19, 2023 (GLOBE NEWSWIRE) -- PacWest Bancorp ("PacWest") (NASDAQ: PACW ) today announced that the Board of Governors of the Federal Reserve System granted its approval of the previously announced combination of PacWest and Banc of California, Inc. NYSE: BANC ) is a bank holding company with $9.37 LOS ANGELES, Oct.

Banking 40

Banking Treasury Equity Technology 40

Benzinga

JULY 25, 2023

Banc of California") (NYSE: BANC ) and PacWest Bancorp ("PacWest") (NASDAQ: PACW ) today announced the signing of a definitive agreement pursuant to which the companies will combine in an all-stock merger transaction. Following closing and the asset sales, the combined company is expected to have approximately $36.1

Equity 40

Equity Banking Book Value Treasury 40