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March 12 Bank holding company UnionBancal acquires Pacific Capital (PCBC) for $46 a share - marking a 60% premium over PCBC's closing price on Friday. The transaction values Pacific Capital Bancorp at approximately 1.6X adjusted tangible book value.
Comment![Financials, M&A]
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at MarketWatch.com (May 7, 2012)
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at MarketWatch.com (Mar 12, 2012)
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at MarketWatch.com (Mar 12, 2012)
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at MarketWatch.com (Mar 12, 2012)
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at MarketWatch.com (Dec 15, 2010)
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Company Description
The Company is a community bank holding company providing full service banking including all aspects of consumer and commercial lending, trust and investment advisory services and other consumer and business banking products through its subsidiaries’ retail branches, commercial and wealth... More