YOUR BUSINESS AUTHORITY
Springfield, MO
Embattled company PacWest agreed to combine with smaller rival Banc of California.
The combined $36 billion lender would operate under the Banc of California name. Private equity groups Warburg Pincus and Centerview would own roughly 20% of the combined bank.
The deal is pending approvals from shareholders and regulators.
Read more from Yahoo Finance.
This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.
Longtime employee sues Ozarks Tech, alleges retaliation
Cavender’s opens hat shop in southeast Springfield
Caterpillar to acquire John Fabick Tractor Co.
Eric Schmitt introduces Modern Skies Act
Springfield airport to cut the ribbon on $35M in construction projects
Legacy Bank accused in lawsuit of failing to protect customers in data breach