Wedbush Plays Key Role in Capital Pacific Bancorp Acquisition

SEATTLE, Nov 24, 2014 (GLOBE NEWSWIRE via COMTEX) Wedbush Securities, one of the nation s leading financial services providers, is pleased to announce its key role in the Pacific Continental Corporation acquisition of Capital Pacific Bancorp on November 19, 2014. Wedbush Securities served as the leading financial advisor to Capital Pacific Bancorp (OTCQB:CPBO) ( CPBO ) in its announced transaction with Pacific Continental Corporation (NASDAQ:PCBK) ( PCBK ), a $1.5 billion bank holding company that owns Pacific Continental Bank with 14 banking offices delivering business banking services in Oregon and Washington. Wedbush s Robert Rogowski, Managing Director, Private Client Services Investment Banking is the head advisor on the transaction and is a part of the newly added Community Banking Group within Wedbush s Private Client Services Group. PCBK will acquire CPBO in a structured deal of 60% PCBK common stock and 40% cash. Based on the $13.77 closing price of November 19, 2014, the agg
http://bit.ly/1r47X8o