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October 28, 1992 | From Times Staff and Wire Reports
Pacific First Bank to Be Acquired: Washington Mutual Savings Bank said it signed a definitive agreement to acquire Pacific First Bank for $663 million in cash. Under the agreement, Seattle-based Washington Mutual will purchase all stock outstanding of Pacific First's parent, Pacific First Financial Corp., from RT Holdings Inc., a unit of Toronto-based Royal Trustco Ltd.
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BUSINESS
October 28, 1992 | From Times Staff and Wire Reports
Pacific First Bank to Be Acquired: Washington Mutual Savings Bank said it signed a definitive agreement to acquire Pacific First Bank for $663 million in cash. Under the agreement, Seattle-based Washington Mutual will purchase all stock outstanding of Pacific First's parent, Pacific First Financial Corp., from RT Holdings Inc., a unit of Toronto-based Royal Trustco Ltd.
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