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Acq. announced

Cordia Bancorp Inc (BVA) Create: Alert

All | News | Filings
Date FiledTypeDescription
05/20/2016 8-K Acquisition/merger/asset purchase announced
Docs: "Agreement and Plan of Merger, by and among Cordia Bancorp Inc., Bank of Virginia, First-Citizens Bank & Trust Company and FC Merger Subsidiary I, Inc",
"Form of Support Agreement",
"FIRST CITIZENS BANK AND CORDIA BANCORP INC. ANNOUNCE MERGER AGREEMENT RALEIGH, N.C., and MIDLOTHIAN, Va. — First-Citizens Bank & Trust Company and Cordia Bancorp Inc. announced today the signing of a definitive merger agreement. Cordia Bancorp provides retail and commercial banking products and services through its subsidiary, Bank of Virginia. The agreement provides for the acquisition of Midlothian, Va.-based Cordia Bancorp by First Citizens Bank, which is headquartered in Raleigh, N.C. The announcement was made jointly by Frank B. Holding Jr., chairman and chief executive officer of First Citizens Bank, and O.R. Barham Jr., president and chief executive officer of Cordia Bancorp and Bank of Virginia. The agreement has been approved by the boards of directors of both companies. The trans..."

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