UPDATE: PacWest, CapitalSource Report Merger Valued at ~$2.3B
July 22, 2013 at 17:51 PM EDT
PacWest Bancorp (Nasdaq: PACW ) ("PacWest") and CapitalSource Inc. (NYSE: CSE ) ("CapitalSource") today announced the signing of a definitive agreement and plan of merger (the "Agreement") whereby PacWest and CapitalSource will merge in a transaction valued at approximately $2.3 billion. The combined company will be called PacWest Bancorp and the combined subsidiary
