BRIEF-Northrim Bancorp Signs Definitive Agreement To Acquire PBCO Financial Corporation In All-Stock Deal

Northrim BanCorp, Inc.

Northrim BanCorp, Inc.

NRIM

0.00

July 22 (Reuters) - Northrim BanCorp Inc NRIM.O:

  • NORTHRIM BANCORP, INC. SIGNS DEFINITIVE AGREEMENT TO ACQUIRE PBCO FINANCIAL CORPORATION

  • NORTHRIM BANCORP - TO BUY PBCO FINANCIAL IN ALL-STOCK DEAL

  • NORTHRIM BANCORP - PBCO SHAREHOLDERS TO RECEIVE 1.160 NORTHRIM SHARES PER PBCO SHARE

  • NORTHRIM BANCORP - DEAL VALUED AT $167.30 MILLION, OR $32.36 PER PBCO SHARE

  • NORTHRIM BANCORP - UPON CONSUMMATION, PBCO SHAREHOLDERS TO OWN ABOUT 21.1% OF COMBINED COMPANY

Source text: ID:nGNX9RGBLM

Further company coverage: NRIM.O


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