Bank of Santa Clara Shareholders Approve Merger.Business Editors SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif.--(BUSINESS WIRE)--July 21, 2000 Bank of Santa Clara, Santa Clara County's oldest Independent bank (Nasdaq:BNSC BNSC British National Space Centre BNSc Bachelor of Nursing Science BNSC Binary Non-Symmetric Channel ), announced that at a special meeting held on July 13, 2000, its shareholders voted to approve the proposed merger with Greater Bay Bancorp. The merger will result in Bank of Santa Clara becoming a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Greater Bay Bancorp and the shareholders of Bank of Santa Clara becoming shareholders of Greater Bay Bancorp. It is anticipated that the merger will take place before July 31, 2000, provided that all regulatory approvals have been received. Founded in 1972, Bank of Santa Clara is Santa Clara County's oldest and largest "hometown home·town n. The town or city of one's birth, rearing, or main residence. Noun 1. hometown - the town (or city) where you grew up or where you have your principal residence; "he never went back to his hometown again" " bank. Headquartered in Santa Clara, California Santa Clara, California (IPA: /ˌsæntəˈklærə/) , founded in 1777 and incorporated in 1852, is a city in Santa Clara County, in the U.S. state of California. , this independent community bank operates eight branches, staffed with over 150 employees, serving 20,000 individuals and small to medium-sized businesses throughout Silicon Valley. Additional information on Bank of Santa Clara can be obtained through its web site at www.bankofsantaclara.com, via e-mail at bscinfo@pacbell.com or by calling 408/249-5900. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion