Acquisition of Virginia Bank Holding Company and Subsidiary Bank

Representing one of the region’s largest bank holding companies, Bowles Rice successfully completed the acquisition of a Virginia bank holding company and its Virginia subsidiary bank in the northern Virginia suburbs of Washington, D.C., with an approximate transaction value of $490.6 million. 

Bowles Rice attorneys were involved the negotiation and drafting of the stock purchase agreement and related employee benefit plans, preparation of regulatory applications and communications with federal regulators regarding such applications, drafting the transaction documents, and preparation of the proxy materials, registration statement and other securities filings.