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Trading Day: Local SEC filings for 7.24.14

Trading Day: Local SEC filings for 7.24.14

Michael Schwartz July 24, 2014 0

A local exec cashes out on a $2M stock option. A downtown REIT has two hotel acquisitions in the works. And Richmond's king of tobacco provides an update on the roll out of its

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DealFlow: Local investment banking roundup for 7.23.14

DealFlow: Local investment banking roundup for 7.23.14

Michael Schwartz July 23, 2014 0

Hundreds of millions of dollars in deals closed by local investment banking firms in the last month including IPOs, debt offerings and mergers and acquisitions.

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Local fro-yo chain leaps into Africa

Local fro-yo chain leaps into Africa

Michael Schwartz July 21, 2014 0

A Richmond-based frozen yogurt brand is continuing its international expansion with a deal to bring locations to the Egyptian cities of Cairo and Alexandria.

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Richmond lures another bank from the Northern Neck

Richmond lures another bank from the Northern Neck

Michael Schwartz July 17, 2014 0

Another rural Virginia bank has entered the Richmond market with a commercial lender who was formerly employed by one of its rivals.

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Local bank merger market stays hot

Local bank merger market stays hot

Michael Schwartz July 16, 2014 0

The deal between TowneBank and Franklin Federal Savings Bank is the third M&A transaction announced this year involving a Richmond bank and the fourth in the last 12 months, further illustrating that the trend

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Local bank to be acquired in $275M deal

Local bank to be acquired in $275M deal

Michael Schwartz July 15, 2014 0

Hampton Roads’ largest bank is entering the Richmond market in a big way, announcing this morning a deal to acquire a longtime local institution, its eight branches and its $1 billion in assets.

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Local bank trade group crafts merger in W.Va.

Local bank trade group crafts merger in W.Va.

Michael Schwartz July 15, 2014 0

The Virginia and West Virginia bankers associations are working on a merger agreement that would bring the two lobbying and industry groups under one umbrella nonprofit

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Local restaurant files Chapter 7

Local restaurant files Chapter 7

Michael Schwartz July 14, 2014 4

Arcadia Restaurant at 1700 E. Main St. filed bankruptcy on July 11, about two weeks after its closed on June 22.

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Settlement talks continue in LandAmerica pension dispute

Settlement talks continue in LandAmerica pension dispute

Michael Schwartz July 8, 2014 0

Two disgruntled employees of the fallen Richmond financial firm want another round in mediation with their former bosses

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