Latest First California Financial Group (FCAL) Hea
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PacWest Bancorp Announces the Completion of Its Acquisition of First California Financial Group
GlobeNewswire - Fri May 31, 7:14PM CDT
-- Acquisition adds 6 branches after consolidation and approximately $1.7 billion in assets --
First California Financial Group and Premier Service Bank Terminate Merger Agreement
Marketwire - Wed Jan 30, 4:15PM CST
First California Financial Group, Inc. (NASDAQ: FCAL), its wholly owned subsidiary, First California Bank (FCB) and Premier Service Bank (OTCBB: PSBK) announced today that they have jointly agreed to terminate that certain Agreement and Plan of Merger dated February 27, 2012, as amended, among the parties, effective January 30, 2013. Under the terms of the Merger Agreement the transaction was to be accomplished by December 31, 2012. As the parties were unable to accomplish the transaction by that date, the parties have mutually determined that it is in the best interest of both companies to terminate the Merger Agreement. The termination agreement entered into between the parties includes mutual general releases of all claims.