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by Frequent_Quail_2202 Bank of California announced that it was going to buy PacWest for an all share deal. Warburg Pincus & partners graciously offered to inject $400M at $12.30 into $BANC. Since the announcement, after the initial surge, the stock …
via benzinga: PacWest Bancorp shares are trading lower by 28.61% to $14.20 Friday morning. The stock is sharply lower as shares of several regional banks and financial institutions sell off on downward momentum after SVB Financial Group Wednesday announced a …