TITLE

Regulatory Delay Cited in Aborted Deal

AUTHOR(S)
Ackermann, Matt
PUB. DATE
November 2009
SOURCE
American Banker;11/10/2009, Vol. 174 Issue 203, p16
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the possible merger between First Capital Bancorp Inc. and Eastern Virginia Bankshares Inc. Joe Shearin of First Capital and John Presley of Eastern have announced that they are no longer considering a merger because of the regulator environment in the U.S. and despite stockholders from each company approving the merger.
ACCESSION #
45136776

 

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