Global Consumer Acquisition to acquire Service1st Bank of Nevada
Sep 10, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --
Company: Global Consumer Acquisition Corp (1034663Z)
Global Consumer Acquisition Corp., a blank check company, has signed a letter of intent to acquire Service1st Bank of Nevada, a provider of banking services, in an all stock transaction. Both the companies are based in the US.
Global Consumer Acquisition is expected to become Western Liberty Bancorp (WLB), a new bank holding company. The consideration would be payable entirely in the common stock of WLB.
Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Announced: 2009-09-09
Deal Participants
Target (Company) Service1st Bank of Nevada Acquirer (Company) Global Consumer Acquisition Corp.
Copyright (C) 2009 Datamonitor Financial Deals Tracker. All rights reserved
News Provided by COMTEX
Company: Global Consumer Acquisition Corp (1034663Z)
Related terms: acquisition, bank, banking, consumer, nevada
