New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 24, 2013
19:43 EDTWALWestern Alliance acquires Centennial Bank for $57.5M, sees accretive to EPS
Western Alliance announced that on January 18, the company's Western Alliance Bank subsidiary executed a definitive agreement to acquire Centennial Bank, located in Fountain Valley, California, for $57.5M in cash, distribution of specified loans and assumption of Centennial Bank's transactional expenses up to $1M. Subject to bankruptcy court and regulatory approval, the transaction is expected to close in late Q1. The company expects the acquisition to be accretive to EPS.
News For WAL From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
March 16, 2015
06:50 EDTWALWestern Alliance acquisition positive, says RBC Capital
After Western Alliance (WAL) agreed to buy Bridge Capital Holdings (BBNK) in a combined stock/cash deal valued at $425M, RBC Capital thinks the deal was reasonably priced and should significantly increase Western Alliance's earnings over time. The firm raised its price target on Western Alliance to $33 from $30 and keeps an Outperform rating on the shares.

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