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Central Virginia Bank postpones fundraising effort

Michael Schwartz September 27, 2010 0

The Powhatan-based announces that it has postponed efforts to raise up to $15 million on the advice of its investment bankers.

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Consider this a warning

Michael Schwartz July 15, 2010 0

In the midst of planning a stock offering to raise sorely needed capital, a local bank received notice from Nasdaq that the value of its shares has been too low for too long.

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