Peter J. Brennan
Irvine’s Pacific Premier Bancorp bought Irvine-based neighbor Plaza Bancorp in an all-stock deal for $226.3 million. The acquisition values Plaza at $7.29 a share.
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Irvine’s Pacific Premier Bancorp (NASDAQ: PPBI) bought neighbor Plaza Bancorp (OTC Pink: PLZZ) in an all stock deal for $226.3 million.
Newport Beach’s Pacific Investment Management Co. reported second-quarter operating profit climbed 17% to 450 million euros.