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vpagano

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vpagano

Re: bacc post# 113

Wednesday, 05/09/2012 9:15:30 AM

Wednesday, May 09, 2012 9:15:30 AM

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FCAL response:

http://finance.yahoo.com/news/first-california-responds-pacwest-bancorps-112700271.html

"The First California Board did not believe that it was in the best interests of stockholders to grant exclusivity to PacWest in the absence of satisfactory clarification of the terms and value of its proposal and taking into account the other strategic alternatives that First California may pursue, including discussions with third parties."

I like the sound of that last part.
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