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rjbluesky

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rjbluesky

Re: db7 post# 94

Thursday, 08/01/2013 2:35:37 PM

Thursday, August 01, 2013 2:35:37 PM

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I have not read anywhere where the deal has been approved by the banking regulators. The One PacificCoast BankCorp and Albina Bank deal agreed to in January is subject to regulatory approval as the following news link indicates at the bottom line. IMO, we should be getting close to the 90% buyout approval and cash infusion.

http://www.bizjournals.com/portland/news/2013/01/30/albina-bank-sells-majority-stake.html?page=2
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