CBC Bancorp to acquire Bay Community Bancorp in $14 per share all-cash deal

CBC Bancorp to acquire Bay Community Bancorp in $14 per share all-cash deal

CBC Bancorp, the parent company of Commercial Bank of California (CBC), has announced a definitive agreement to acquire Bay Community Bancorp (OTC Pink: CBOBA), which owns Community Bank of the Bay (CBB). The transaction, valued at $14.00 per common share, represents a strategic consolidation of two significant banking entities in California. This merger will bring […]