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West Coast Bank being bought by Columbia Bank


Oregon community oriented bank West Coast Bank appears ready to become bought up by Columbia Bank, another Pacific Northwest financial institution. Columbia will pay $506 million for West Coast Bank which is based out of Lake Oswego.

Soon after the announcement was made, a law firm began analyzing the terms of the purchase and immediately raised an issue about the proclaimed values of the value of West Coast Bank shares. Here are the stories in the Oregonian and in AOL’s Daily Finance.

Oregonian article: Click here.
Daily Finance article: Click here.

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