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Friday, October 20, 2017

Equity Corporate Actions Alert #2017 - 54
Information Regarding the Merger of CU Bancorp (CUNB)

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  • Industry Announcement

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CU Bancorp (CUNB) announced on October 6, 2017 that all regulatory approvals had been obtained for the merger of CU Bancorp with and into PacWest Bancorp (PACW). It is anticipated that the merger will become effective today, Friday, October 20, 2017. The details are as follows:

Company Name: CU Bancorp (CA)
Issue: Common Stock
CUSIP#: 126534106
Symbol: CUNB
Marketplace Effective Date for Suspension: October 23, 2017
Merger Consideration: 0.5308 shares of common stock of PacWest Bancorp (PACW) and $12.00 in cash per share held.

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