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中国

BRIEF-First Foundation to acquire Community 1st Bank for about $50 mln

June 15 Community 1st Bank-

* First Foundation to acquire Community 1st Bank

* First Foundation - deal is valued at approximately $50.4 million in aggregate

* First Foundation - at closing, transaction is expected to be about 2.5% dilutive to co's tangible book value per share with an estimated tangible book value earn-back period of 3.6 years

* First Foundation Inc - upon closing of transaction, community 1st bank will be merged with and into first foundation bank Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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