pacific commerce bank/ca (PFCI:OTC US)
Transactions by PACIFIC COMMERCE BANK/CA (PFCI) in the last 6 months
Pacific Commerce Bank (CA) (OTCPK:PFCI) reached an agreement to acquire Vibra Bank (OTCPK:VBBK) in cash and stock on October 30, 2014. Pacific Commerce will pay 120% of Vibra’s book value as of the month prior to closing. Pacific Commerce will pay approximately 67% in common stock and approximately 33% in cash on an aggregate basis. Vibra Bank's shareholders will be able to elect Pacific Commerce common stock, cash, or a combination thereof. The combined bank will operate ...
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