PacWest Bancorp (NASDAQ:PACW) Files An 8-K Other Events
Item 8.01 Other Events
On January9, 2019, PacWest Bancorp, a Delaware corporation (“PacWest”), and El Dorado Savings Bank, F.S.B., a federal savings association (“El Dorado”), jointly announced the termination of the Agreement and Plan of Merger, dated September11, 2018 (the “Merger Agreement”), by and between PacWest and El Dorado.
A copy of the joint press release issued by PacWest and El Dorado on January9, 2019 announcing the termination of the Merger Agreement is attached hereto as Exhibit99.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d)Exhibits.
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Exhibit |
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No. |
Description |
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99.1 |
Joint Press Release, dated January9, 2019. |
PACWEST BANCORP Exhibit
EX-99.1 2 a19-2278_1ex99d1.htm EX-99.1 Exhibit 99.1 PRESS RELEASE PacWest Bancorp 9701 Wilshire Boulevard,…
To view the full exhibit click here
About PacWest Bancorp (NASDAQ:PACW)
PacWest Bancorp is a bank holding company for Pacific Western Bank (the Bank). The Company is focused on relationship-based business banking to small, middle-market and venture-backed businesses. The Bank offers a range of loan and deposit products and services through approximately 80 branches located throughout the state of California. The Company provides commercial banking services, and deposit and treasury management services to small and middle-market businesses. It offers products and services under the brand names of Pacific Western, as well as its business groups, CapitalSource Inc. and Square 1 Bank. CapitalSource focuses on providing cash flow, asset-based, equipment and real estate loans and treasury management services to middle market businesses. Square 1 Bank focuses on providing a range of financial products to service entrepreneurial businesses and their venture capital and private equity investors.
