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C&F Financial Corp Completes Acquisition Of Central Virginia Bankshares Inc


Tuesday, 1 Oct 2013 02:28pm EDT 

C&F Financial Corp announced that it has completed its acquisition of Central Virginia Bankshares, Inc. (CVB), the one-bank holding company for Central Virginia Bank, effective October 1, 2013. CVB shareholders will receive $0.32 for each share of CVB common stock they owned, or approximately $853,000 in the aggregate. In addition, C&F purchased from the U.S. Treasury for $3.35 million all of CVB's preferred stock and warrants issued to the U.S. Treasury under the Capital Purchase Program. CVB's stock symbol CVBK was retired effective October 1, 2013. 

Company Quote

39.43
0.09 +0.23%
28 Nov 2014