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News Breaks
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June 1, 2011
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| 08:02 EDT |  | CASB |
| theflyonthewall.com: | Cascade Financial shareholders approve Opus Bank merger | | Cascade Financial Corporation announced that, at a special meeting of shareholders of Cascade Financial held on Tuesday May 31, the merger of Cascade Financial and Cascade Bank with and into Opus Bank was approved. A total of 8,339,771 shares, or approximately 67.96% of Cascade Financial's outstanding common stock, were voted in favor of the merger, approximately 6.55% voted against or abstained, and the remaining shares were not voted. The merger is expected to close in the latter part of June 2011. :theflyonthewall.com |
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