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Union Bankshares to sell $62.5 million in stock

Al Harris September 9, 2009 0

Bowling Green-based Union Bankshares announced Tuesday that it intends to sell $62.5 million in new stock, or the equivalent of 31 percent of its current market cap. Plus, for the first time, First Market

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Monday Q&A: Why are local banks merging like crazy?

Al Harris May 18, 2009 0

Within the last month, six Virginia banks have paired up faster than high schoolers on prom night. For the Monday Q&A, RBS sits down with two banking consultants and asks what the mergers may

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