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Mergers & Acquisitions
M&A History<< Return to Mergers & Acquisitions
Deal Overview
Buyer: Bay Banks of Virginia, Incorporated
Actual Acquirer: Bank of Lancaster
Target: 3 Branches
Deal Type: Bank & Thrift Branch
Seller: First Virginia Banks, Inc.
Agreement Date6/16/2000
Announcement Date6/16/2000
Number of Target Branches3
Branch Locations Callao, VA
Heathsville, VA
Kilmarnock, VA

Franchise Premium ($000)NA
Tangible Book Premium/ Deposits (%)NA
StatusCompleted
Completion Date10/27/2000
Deal Terms
Description of Consideration
NA
Financials
Deposits ($000)28,263
Total Assets ($000)NA
Deal Advisers - Financial Advisers
Party AdvisedAdviser Hired?Firm Name
BuyerNANA
SellerYesAnonick Financial Corp.

Deal Advisers - Legal Counsel
Party AdvisedAdviser Hired?Firm Name
BuyerNANA
SellerNoNA

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