Northrim BanCorp strikes $167.3M all-stock deal for PBCO Financial (NRIM:NASDAQ)

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Northrim BanCorp (NRIM) to acquire PBCO Financial (PBCO), the parent of People’s Bank of Commerce, in an all-stock deal valued at ~$167.3M, expanding its banking franchise into Oregon.
Under the agreement, PBCO (PBCO) shareholders will receive 1.160 Northrim (

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