Northrim BanCorp strikes $167.3M all-stock deal for PBCO Financial
Seeking Alpha ·
Northrim BanCorp ( NRIM ) to acquire PBCO Financial ( PBCO ), the parent of People's Bank of Commerce, in an all-stock deal valued at ~$167.3M, expanding its banking franchise into Oregon. Under the agreement, PBCO ( PBCO ) shareholders will receive 1.160 Northrim (
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