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Pacific Premier Buys Grandpoint

Irvine’s Pacific Premier Bancorp (Nasdaq: PPBI) agreed to acquire Grandpoint Capital Inc. (OTC Pink: GPNC) in an all stock deal valued at $641.2 million.

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OC 500: Steven Gardner

Has led bank since 2000 … became largest OC-based bank, market cap, $1.5B … 2017, $700M to buy Heritage Oaks, Plaza Bancorp … acquisitions bring bank to $7.7B assets

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