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Hendersonville Bank Sale Says Mountain 1 Sells for 38 Cents a Share
Mountain 1, the Hendersonville bank's unit, agrees to be sold to First Citizens for 38 cents a share in a deal valued around $2 million. Final approval hinges on shareholders and regulators by early 2014, ending decades of local ownership and leaving Hendersonville without a Mountain Bank presence.
MENTIONED IN THIS ARTICLE
Mountain 1
Vince Rees
First Citizens
1St Financial
Mike Mayer
Hendersonville
Hendersonville Times-News
Mountain Bank
Catherine Schroader
Schroader
Honda
van F. Phillips
William H
Bill” Burton Jr
Fatz Café
SEC
Securities and Exchange Commission
News & Observer of
Raleigh
Mayer
News & Observer
Holder