- PR Newswire•16 hours ago
NEW YORK, Dec. 9, 2016 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Cascade Bancorp ("CACB" or the "Company") in connection with the proposed acquisition of the Company by First Interstate BancSystem Inc. ("FIBK"). On November 17, 2016, CACB announced it had reached a definitive agreement for FIBK to acquire all outstanding shares of CACB in a cash-and-stock transaction valued at $589 million. Under the terms of the agreement, CACB shareholders will receive 0.14864 of a FIBK class A share and $1.91 in cash for each CACB share owned.
- Business Wire•18 days agoCASCADE BANCORP (CACB) SHAREHOLDER ALERT – Andrews & Springer LLC Is Investigating Cascade Bancorp For Potential Breaches of Fiduciary Duty
Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against Cascade Bancorp .
- Business Wire•22 days agoFirst Interstate BancSystem, Inc. Expands into Growth Markets in the Northwest with Acquisition of Cascade Bancorp
First Interstate BancSystem, Inc. and Cascade Bancorp today announced that they have entered into a definitive agreement under which First Interstate, parent company of First Interstate Bank, will acquire Cascade, parent company of Bank of the Cascades, in a cash and stock transaction for total consideration valued at approximately $589 million in aggregate, or $7.60 per share based on the First Interstate ...
CACB : Summary for Cascade Bancorp - Yahoo Finance
Cascade Bancorp (CACB)
NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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|Day's Range||7.76 - 7.97|
|52 Week Range||5.01 - 7.97|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||35.11|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|