Thursday, July 21, 2016

Capital Bank, CommunityOne deal still pending regulatory approval

Capital Bank Financial Corp. (NASDAQ: CBF) was supposed to close a deal to buy Charlotte's CommunityOne months ago. The bank has stayed mum on the matter until it reported second-quarter earnings Thursday. Bank executives said they are still waiting on regulatory approval to close the deal with CommunityOne (NASDAQ: COB). Capital Bank, which switched to a North Carolina charter from a national charter last fall, announced it was buying Charlotte-based CommunityOne Bancorp in November. The transaction…


from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/news/2016/07/21/capital-bank-communityone-deal-still-pending.html?ana=RSS%26s=article_search

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