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* FBOP Corp., the closely held parent of California National Bank, agreed to buy PBOC Holdings Inc., which owns People’s Bank of California, for about $200 million in cash to expand in Southern California. Each share of Los Angeles-based PBOC will be exchanged for $10, or 8.8% more than its closing price Friday. Oak Park, Ill.-based FBOP plans to merge the 24-branch People’s Bank with California National Bank, which operates in Los Angeles.
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