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The Wall Street Journal: PacWest to buy venture capital lender Square 1

2015-03-02 14:28:47| IT Services - Topix.net

PacWest Bancorp has agreed to buy venture capital-focused lender Square 1 Financial Inc. for about $790 million in stock, less than a year after Square 1 went public. for each Square 1 share held, for a total value of $27.49 a share, the companies said on Monday.

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