Bend / Central Oregon News, Sports, Business, Weather, Entertainment, Classifieds and Local & State Headlines | The Bulletin

Use Advanced Search to filter by date and category. *keyword is required in search field.
start date (MM-DD-YYYY):
 -  - 
end date (MM-DD-YYYY):
 -  - 
category:
Archive Home > 2010 > December > 24 > Shareholders give the OK for Cascade Bancorp deal

Shareholders give the OK for Cascade Bancorp deal

Stock sale a key step in boosting bank’s capital

By Ed Merriman / The Bulletin
December 24, 2010

Cascade Bancorp shareholders overwhelmingly approved proposals Thursday to more than double the company’s authorized shares and issue $177 million in stock to investors.

“This is one of the final steps in concluding the capital raise needed to allow the bank to grow and provide more credit,”....

Read complete article

Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.