New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 29, 2013
14:03 EDTUBSI, VCBIUnited Bankshares, Virginia Commerce extend termination date for merger
United Bankshares (UBSI) and Virginia Commerce Bancorp (VCBI) announced that they have entered into a joint waiver and agreement with respect to the agreement and plan of reorganization among United Bankshares, its subsidiary George Mason Bankshares, and Virginia Commerce Bancorp to extend from November 30 to January 31, 2014 the termination date for the merger agreement, and establish January 31, 2014 as the closing date for the merger of Virginia Commerce with and into George Mason consistent with the currently scheduled data conversion. On October 17 and October 21, respectively, the merger was approved by the shareholders of Virginia Commerce and United, respectively. United and Virginia Commerce have received regulatory approval for the merger from the Virginia State Corporation Commission, but have not yet received regulatory approval from the Board of Governors of the Federal Reserve System. The targeted January 31, 2014 closing date would coordinate closing the Merger of Virginia Commerce with and into George Mason with the planned consolidation of Virginia Commerce Bank, a wholly owned subsidiary of Virginia Commerce, with and into United Bank, a wholly owned subsidiary of George Mason.
News For UBSI;VCBI From The Last 14 Days
Check below for free stories on UBSI;VCBI the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
There are no results for UBSI;VCBI

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use