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Tuesday, May 23, 2017

Kroll Bond Rating Agency Releases Comments on Union Bankshares Corporation and Xenith Bankshares, Inc. Merger

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NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) comments on Union Bankshares Corporation and Xenith Bankshares, Inc. Merger. The report makes the following key points: Union Bankshares Corporation (NASDAQ: UBSH) (“Union”), based in Richmond, VA, and its subsidiary Union Bank & Trust, announced a definitive agreement to acquire Xenith Bankshares, Inc. (NASDAQ: XBKS) (“Xenith”) the holding company and parent of Xenith Bank. The deal, valued at $701.2 million in the aggregate, is ex

May 23, 2017 at 02:04AM

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