Mechanics Bk [Ca] (MCHB) 26,555.2400 $MCHB
Mechanics Bank and Ford Financial Settle Litigation Seeking to Enjoin Ford Financial Tender Offer
Business Wire - Wed Feb 18, 8:16PM CST
Mechanics Bank (OTCMKTS: MCHB) (the "Bank"
and Ford Financial Fund II, L.P. ("Ford Financial" today announced that they have signed a memorandum of understanding to settle a lawsuit pending in the Superior Court of the State of California and seeking to enjoin Ford Financial's tender offer to acquire up to 65% of the outstanding shares of the Bank's common stock.
Ford Financial Fund to Commence Tender Offer to Acquire Majority Interest in Mechanics Bank
Business Wire - Thu Sep 25, 3:01PM CDT
Ford Financial Fund II, L.P. ("Ford Financial" and Mechanics Bank (the "Bank" today jointly announced that they have entered into an agreement pursuant to which Ford Financial will conduct a tender offer to acquire a majority of the outstanding shares of common stock of the Bank. Under the terms of the agreement, Ford Financial will conduct a tender offer to purchase up to 65 percent of the outstanding shares of common stock of the Bank at a cash purchase price of $26,832 per share. Mechanics Bank's Board of Directors (the "Board" has approved the transaction, which will allow the Bank's existing shareholders the opportunity to obtain meaningful liquidity while maintaining an equity stake in the Bank moving forward.
Mechanics Bank and Ford Financial Settle Litigation Seeking to Enjoin Ford Financial Tender Offer
Business Wire - Wed Feb 18, 8:16PM CST
Mechanics Bank (OTCMKTS: MCHB) (the "Bank"
and Ford Financial Fund II, L.P. ("Ford Financial" today announced that they have signed a memorandum of understanding to settle a lawsuit pending in the Superior Court of the State of California and seeking to enjoin Ford Financial's tender offer to acquire up to 65% of the outstanding shares of the Bank's common stock. Ford Financial Fund to Commence Tender Offer to Acquire Majority Interest in Mechanics Bank
Business Wire - Thu Sep 25, 3:01PM CDT
Ford Financial Fund II, L.P. ("Ford Financial"
and Mechanics Bank (the "Bank" today jointly announced that they have entered into an agreement pursuant to which Ford Financial will conduct a tender offer to acquire a majority of the outstanding shares of common stock of the Bank. Under the terms of the agreement, Ford Financial will conduct a tender offer to purchase up to 65 percent of the outstanding shares of common stock of the Bank at a cash purchase price of $26,832 per share. Mechanics Bank's Board of Directors (the "Board" has approved the transaction, which will allow the Bank's existing shareholders the opportunity to obtain meaningful liquidity while maintaining an equity stake in the Bank moving forward. 
