Kilpatrick Townsend & Stockton

EAGLE FINANCIAL SERVICES, INC. COMPLETES $30.0 MILLION SUBORDINATED NOTES OFFERING

Retrieved on: 
Thursday, March 31, 2022
Company, Private Securities Litigation Reform Act, Trust, Bank of Clarke County, SOFR, Sale, Multimedia, The Act, PC, U.S. Securities and Exchange Commission, Rate, Bank, View, Kilpatrick Townsend & Stockton, OTC Markets Group, Federal Deposit Insurance Corporation, Securities Act of 1933, Note, COVID-19, The Company, EFSI, Security (finance), City

BERRYVILLE, Va., March 31, 2022 /PRNewswire/ -- Eagle Financial Services, Inc. (the "Company") (OTCQX: EFSI), the holding company for Bank of Clarke County (the "Bank"), announced today the completion of a private placement offering of 4.50% Fixed-to-Floating Rate Subordinated Notes due 2032 (the "Notes"), in the aggregate principal amount of $30.0 million, to certain qualified institutional buyers and accredited institutional investors.  The Company intends to use the net issuance proceeds for general corporate purposes, including a capital contribution to the Bank to support its continued organic growth.  The Notes are intended to qualify as Tier 2 capital for the Company for regulatory capital purposes.

Key Points: 
  • The Notes are intended to qualify as Tier 2 capital for the Company for regulatory capital purposes.
  • The Notes mature on April 1, 2032, unless redeemed earlier.
  • The Notes initially bear interest, payable semi-annually in arrears, at a fixed rate of 4.50% per annum until April 1, 2027.
  • The Company assumes no obligation to update any forward-looking statements except as may be required by applicable law or regulation.

First Savings Financial Group, Inc. Completes $31.0 Million Subordinated Notes Offering

Retrieved on: 
Monday, March 21, 2022
Company, Private Securities Litigation Reform Act, NASDAQ, SOFR, BANK, Sale, Nasdaq, BEST, SBA, The Act, PC, Wealth, U.S. Securities and Exchange Commission, LLC, Bank, Kilpatrick Townsend & Stockton, Federal Deposit Insurance Corporation, Securities Act of 1933, Note, COVID-19, GLOBE, Security (finance), Rate

The Notes are intended to qualify as Tier 2 capital for the Company for regulatory capital purposes, if applicable.

Key Points: 
  • The Notes are intended to qualify as Tier 2 capital for the Company for regulatory capital purposes, if applicable.
  • The Notes initially bear interest, payable semi-annually in arrears, at a fixed rate of 4.50% per annum until March 30, 2027.
  • The Company has the option to redeem the Notes, at par and in whole or in part, beginning on March 30, 2027.
  • The Company assumes no obligation to update any forward-looking statements except as may be required by applicable law or regulation.

Silicon Valley's Springline Unveils Robust Restaurant Line Up, Impressive Office Tenants, and Hotel-like Residences

Retrieved on: 
Thursday, January 20, 2022
Siri, San Francisco International Airport, Menlo Ventures, San Francisco Bay Area, Culture, Symphony Technology Group, Restaurant, Calendar, Roku, CBRE, Robotics, Bon Appétit, Salad, Gold, Sand Hill Road, The Plaza, Coffee, Heart, Mark (given name), VC, Lunch, Meat, Wine, Filtration, Environmental design, Kilpatrick Townsend & Stockton, Growth, Ori, STG, Uber, Creativity, Program, Silicon, Work, Friends, Genesys, Optimism, Hospitality, Employment, Bon Appetit (album), Architecture, Andytown, Florida, Hotel, Caltrain

The Residences at Springline, pre-leasing soon, will further integrate the theme of placemaking infused with hospitality and tech.

Key Points: 
  • The Residences at Springline, pre-leasing soon, will further integrate the theme of placemaking infused with hospitality and tech.
  • Springline is expected to draw residents seeking an interactive, indoor-outdoor community that is fast becoming the Peninsula's most desired destination.
  • They will open two additional Che Fico-branded concepts at Springline in late 2022: a restaurant and an Italian market.
  • Springline brings new energy to the heart of Silicon Valley, conveniently located adjacent to downtown Menlo Park and steps from the Caltrain Station.

Gouverneur Bancorp, Inc. to Acquire Citizens Bank of Cape Vincent

Retrieved on: 
Thursday, January 6, 2022
CBCV, Acquisition, Treasury, Bank, Government, Director, Company, Communication, Forward-looking statement, Board, Proxy statement, PC, Federal Reserve Board of Governors, Private Securities Litigation Reform Act, Materiality, OTC Markets Group, LLP, Office of the Supervising Architect for the U.S. Treasury, CAPE, MHC, Proxy, GLOBE, Kilpatrick Townsend & Stockton, Citizens Bank, Security (finance), Holding company, Management, Lake Ontario

GOUVERNEUR, N.Y. and CAPE VINCENT, N.Y., Jan. 06, 2022 (GLOBE NEWSWIRE) -- Cambray Mutual Holding Company (the MHC), Gouverneur Bancorp, Inc. (OTC Pink: GOVB) (the Company) and Gouverneur Savings and Loan Association (the Bank and, together with the MHC and the Company, Gouverneur or the Gouverneur Entities) and Citizens Bank of Cape Vincent (CBCV) today announced the signing of a definitive merger agreement pursuant to which CBCV will merge with and into the Bank, with the Bank as the surviving institution, in a series of transactions.

Key Points: 
  • GOUVERNEUR, N.Y. and CAPE VINCENT, N.Y., Jan. 06, 2022 (GLOBE NEWSWIRE) -- Cambray Mutual Holding Company (the MHC), Gouverneur Bancorp, Inc. (OTC Pink: GOVB) (the Company) and Gouverneur Savings and Loan Association (the Bank and, together with the MHC and the Company, Gouverneur or the Gouverneur Entities) and Citizens Bank of Cape Vincent (CBCV) today announced the signing of a definitive merger agreement pursuant to which CBCV will merge with and into the Bank, with the Bank as the surviving institution, in a series of transactions.
  • Faye C. Waterman, the President and Chief Executive Officer of Gouverneur, commented, The acquisition of Citizens Bank of Cape Vincent will further expand our footprint into Jefferson County and the Lake Ontario, St. Lawrence River communities.
  • Taylor Robbins, the President and Chief Executive Officer of Citizens Bank of Cape Vincent, commented, Citizens Bank of Cape Vincent is proud to be partnering with Gouverneur Savings and Loan.
  • Citizens Bank of Cape Vincent (CBCV) is a New York commercial bank offering deposit and loan services for businesses, families and individuals.

Bartko, Zankel, Bunzel & Miller: Panel Rejects Blue Cross and Blue Shield's Gambit To Drag California Hospitals' Antitrust Claims to Multidistrict Litigation

Retrieved on: 
Monday, December 13, 2021
Transfer, SAN, United States bankruptcy court, Crowell, Judicial Panel on Multidistrict Litigation, Motion, Alameda County Superior Court, Cravath, Swaine & Moore, McLean, Plan, Virginia General District Court, Kirkland & Ellis, P.C, MDL, Motion to vacate, Panel, Blue, Blue Cross Blue Shield Association, Association, Potential, 3rd millennium, Kilpatrick Townsend & Stockton, VHS, District court, BCBS, LLP, Complaint, California superior courts, Shearman & Sterling, Superior court, Court, Shearman, Judicial panel, Practice of law

After remand, the case is now proceeding once again in California Superior Court in Alameda County's complex department.

Key Points: 
  • After remand, the case is now proceeding once again in California Superior Court in Alameda County's complex department.
  • VHS and other Plaintiffs filed a complaint in Alameda Superior Court under California's antitrust laws and other states' laws.
  • Defendant Blue Cross Blue Shield Association was represented by the law firm Kirkland & Ellis, LLP.
  • Following the order granting the motion to remand, however, Cravath, Swaine & Moore LLP and Mayer Brown LLP, are now representing Defendant Blue Cross Blue Shield Association.

Columbia Financial, Inc. to Acquire RSI Bank

Retrieved on: 
Wednesday, December 1, 2021
Stock dilution, Private Securities Litigation Reform Act, Security (finance), Securities Act of 1933, Bank, Environment, Annual report, Income, District of Columbia Financial Control Board, Securities Exchange Act of 1934, Kilpatrick Townsend & Stockton, U.S. Securities and Exchange Commission, COVID-19, Legislation, FAIR, GLOBE, Board of directors, Organization, Board, RSI, Vii, NASDAQ, Union County Industrial Railroad, Financial services

FAIR LAWN, N.J. and RAHWAY, N.J., Dec. 01, 2021 (GLOBE NEWSWIRE) -- Columbia Bank MHC, Columbia Financial, Inc. (NASDAQ: CLBK) and Columbia Bank (collectively, Columbia), and RSI Bancorp, M.H.C., RSI Bancorp, Inc. and RSI Bank (collectively, RSI) announced today the signing of a definitive merger agreement.

Key Points: 
  • FAIR LAWN, N.J. and RAHWAY, N.J., Dec. 01, 2021 (GLOBE NEWSWIRE) -- Columbia Bank MHC, Columbia Financial, Inc. (NASDAQ: CLBK) and Columbia Bank (collectively, Columbia), and RSI Bancorp, M.H.C., RSI Bancorp, Inc. and RSI Bank (collectively, RSI) announced today the signing of a definitive merger agreement.
  • and RSI Bancorp, Inc. will merge into Columbia Bank MHC, the mutual holding company parent of Columbia Bank, and Columbia Financial, Inc., the mid-tier stock holding company for Columbia Bank, respectively, and RSI Bank will merge into Columbia Bank, with Columbia Bank as the surviving entity.
  • The current depositors of RSI Bank will become depositors of Columbia Bank and will have the same rights and privileges in Columbia Bank MHC as if their accounts had been established in Columbia Bank on the date established at RSI Bank.
  • Columbia has offered full employment to all RSI employees with Columbia Bank upon consummation of the merger.

Columbia Financial, Inc. Announces Completion of Freehold Bank Acquisition

Retrieved on: 
Wednesday, December 1, 2021
Private Securities Litigation Reform Act, Freehold, Agreement, Security (finance), Environment, Bank, Time, Annual report, Acquisition, Income, Company, District of Columbia Financial Control Board, Kilpatrick Townsend & Stockton, Tripura Merger Agreement, U.S. Securities and Exchange Commission, Banco de Oro–Equitable PCI Bank merger, COVID-19, Legislation, Nasdaq, FAIR, GLOBE, Edward F. Stevens, Plan, MHC

FAIR LAWN, N.J., Dec. 01, 2021 (GLOBE NEWSWIRE) -- Columbia Bank MHC, Columbia Financial, Inc. (Nasdaq: CLBK) (the Company) and Columbia Bank (collectively, Columbia) today announced that Columbia has completed its acquisition of Freehold MHC, Freehold Bancorp and Freehold Bank (the Merger) pursuant to the Agreement and Plan of Merger, dated as of June 17, 2021, by and between Freehold MHC, Freehold Bancorp and Freehold Bank (collectively, Freehold), and the MHC, the Company and the Bank (the Merger Agreement).

Key Points: 
  • FAIR LAWN, N.J., Dec. 01, 2021 (GLOBE NEWSWIRE) -- Columbia Bank MHC, Columbia Financial, Inc. (Nasdaq: CLBK) (the Company) and Columbia Bank (collectively, Columbia) today announced that Columbia has completed its acquisition of Freehold MHC, Freehold Bancorp and Freehold Bank (the Merger) pursuant to the Agreement and Plan of Merger, dated as of June 17, 2021, by and between Freehold MHC, Freehold Bancorp and Freehold Bank (collectively, Freehold), and the MHC, the Company and the Bank (the Merger Agreement).
  • After such time, Freehold Bank will be merged with and into the Bank, with the Bank continuing as the surviving institution (the Bank Merger), unless the parties mutually agree to complete the Bank Merger earlier in accordance with the terms of the Merger Agreement.
  • Columbia Financial, Inc. is a Delaware corporation organized as the mid-tier stock holding company of Columbia Bank.
  • Columbia Bank is a federally chartered savings bank headquartered in Fair Lawn, New Jersey.

Group Salus Launches Beta Version of PreTector Cybersecurity Incident Response Management System

Retrieved on: 
Thursday, November 18, 2021
Government, CEO, Information system, Defence (Emergency) Regulations, Goizueta Business School, Partnership, Kilpatrick Townsend & Stockton, Georgia, Aptitude, SMB, Goldman, History, Opportunity International, FAQ, Organization, Super Mario, Georgia State University, Privacy, HMS Velox (1902), Public sector, Emory University, Medical device, Risk management, Management

"PreTector is a comprehensive, all-in-one solution that helps SMBs assess their readiness to respond to a cybersecurity incident, prepare for and manage their response and recovery to an attack, all while protecting their brand and corporate reputation," said Group Salus CEO Larry Lafferty.

Key Points: 
  • "PreTector is a comprehensive, all-in-one solution that helps SMBs assess their readiness to respond to a cybersecurity incident, prepare for and manage their response and recovery to an attack, all while protecting their brand and corporate reputation," said Group Salus CEO Larry Lafferty.
  • "To our knowledge, PreTector is the first cybersecurity response solution of its type with an affordable cost to serve small businesses and public sector organizations."
  • PreTector provides organizations with an online assessment to gauge their cyber response readiness, then uses that information to construct a viable response plan, and practice simulated cyber incidents.
  • For more information on the new Group Salus cybersecurity incident mitigation and reputation management platform contact: [email protected] .

The Presidio Group Advises Asbury Automotive on the Sale of BMW of Charlottesville

Retrieved on: 
Tuesday, September 14, 2021
Professional Services, Automotive, General Automotive, Finance, Consulting, Banking, Asbury Automotive Group, Investment, Education, CEO, Natural rubber, SIPC, Sport, BMW, Road, III, FINRA, NYSE, Presidio, Environment, Kilpatrick Townsend & Stockton, Philosophy, Asbury, Trust, Company, Goal, Sale, Music, Maintenance, Financial services, Public relations, Asbury Automotive Group, Flow Automotive Companies, ASBURY AUTOMOTIVE GROUP, FLOW AUTOMOTIVE COMPANIES

The Presidio Group LLC (Presidio), an independent merchant banking firm focused on mergers and acquisitions, capital raising, and investments in the automotive retail and consumer mobility sectors, exclusively advised Asbury Automotive Group (NYSE: ABG) on the sale of BMW of Charlottesville to Flow Companies.

Key Points: 
  • The Presidio Group LLC (Presidio), an independent merchant banking firm focused on mergers and acquisitions, capital raising, and investments in the automotive retail and consumer mobility sectors, exclusively advised Asbury Automotive Group (NYSE: ABG) on the sale of BMW of Charlottesville to Flow Companies.
  • We were privileged to have once again been entrusted by Asbury Automotive Group to exclusively assist with another strategic transaction, said George Karolis, president of The Presidio Group.
  • The Presidio Group provided exclusive M&A advisory services to Asbury Automotive through its wholly owned investment bank, Presidio Merchant Partners LLC.
  • About Asbury Automotive Group: Asbury Automotive Group, Inc. (NYSE: ABG), a Fortune 500 company headquartered in Duluth, GA, is one of the largest automotive retailers in the U.S.

Labcorp Extends Leadership in Women’s Health With Acquisition of Ovia Health

Retrieved on: 
Thursday, August 12, 2021
Medical Devices, Women, Practice Management, Biotechnology, Other Health, Health, Consumer, Pharmaceutical, General Health, Method, Multimedia, Parenting, LH, Clinical trial, NYSE, Drug development, LinkedIn, University, Science, RISK, COVID-19, Reproductive health, SEC, Research, Failure, Acquisition, Local government, Public opinion, Annual report, Ovia, Health, Patient, Leadership, Pregnancy, Kilpatrick Townsend & Stockton, Information technology, Genetics, Woman, Health care reform, Review, Hospital, Pharmaceutical industry, Medicine

Were excited to expand our leadership in womens health solutions by bringing Ovia Healths trusted health content and easy-to-use digital platforms to our patients and customers.

Key Points: 
  • Were excited to expand our leadership in womens health solutions by bringing Ovia Healths trusted health content and easy-to-use digital platforms to our patients and customers.
  • We welcome Ovia Healths innovative and dedicated team to Labcorp and look forward to bringing the combination of our strengths in womens health to our customers.
  • Labcorp, through its wide-ranging specialty testing services and deep diagnostics and genetics expertise, is a leader in womens health.
  • Additionally, Ovia Health furnishes numerous employers and health plans with valuable clinical, health and wellness programs to enhance their existing offerings.