Sponsored by Oregon Business

PremierWest shareholders approve acquisition

| Print |  Email
Must Reads
Friday, March 29, 2013

Medford-based PremierWest Bank branches will fold into AmericanWest Bank in April.

PremierWest Bancorp shareholders on Thursday gave their grudging endorsement to a $20 million agreement with Starbuck Bancshares, the private equity parent company of Spokane-based AmericanWest Bank.

The new owner will pay $2 apiece for just more than 10 million shares and take possession of PremierWest's 32 branches — ranging from Redmond to Galt, Calif., once the deal closes. PremierWest's $41.4 million TARP Capital Purchase Program debt to the U.S. Treasury also will be paid off as part of the deal.

Read more at OregonLive.com.

{biztweet}premierwest{/biztweet}

 

More Articles

Bike Chic: 7 stylish options for cyclists

April 2015
Thursday, March 26, 2015

Cycling to work is all the rage. But not everyone wants to arrive at the office messy, sweaty — and unfashionable.


Read more...

All Rise

March 2015
Friday, February 20, 2015
BY AMY MILSHTEIN | OB CONTRIBUTOR

Don’t just sit there. For a healthy workplace, move up and down — and all around.


Read more...

Opening soon: 3 of the coolest new breweries in Oregon

The Latest
Thursday, March 19, 2015
brewthumbBY JACOB PALMER | DIGITAL NEWS EDITOR

There are 278 companies licensed to operate as brewery, according to the Oregon Liquor Control Commission. Here are three new beer-making hubs slated to open soon.


Read more...

Meeting Facilities Perspective

March 2015
Tuesday, February 24, 2015
BY KIM MOORE | OB RESEARCH EDITOR

A conversation with Donna Earley, director of sales and marketing for the Salem Convention Center.


Read more...

Cache and Curry

March 2015
Monday, February 23, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR

Power Lunch at Swagat in Hillsboro.


Read more...

5 questions about the FLIR FX

The Latest
Wednesday, April 08, 2015
FLIR-FX-IndoorBY JACOB PALMER | DIGITAL NEWS EDITOR

The Wilsonville-based company is targeting GoPro enthusiasts with its latest release. Is spy gear poised to go mainstream?


Read more...

On the Brink

March 2015
Friday, February 20, 2015
BY APRIL STREETER | OB CONTRIBUTOR

Leslie Carlson channels the big idea.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS