Blue Ridge Bankshares Inc BRBS:NYSE American

Last Price$13.98AMEX Closing Price as of 4:10PM ET 5/20/22
AMEX 15-minute delayed Bid/Ask Quotes
Today's Change+0.01(0.07%)
Bid (Size)$5.59 (1)
Ask (Size)$16.50 (1)
Day Low / High$13.88 - 14.30
Volume23.6 K

Blue Ridge Bankshares, FVCBankcorp Cancel Merger by Mutual Consent

5:19PM ET 1/20/2022 MT Newswires
Blue Ridge Bankshares (BRBS) and FVCBankcorp (FVCB) said Thursday they mutually agreed to cancel their pending merger.

The companies had said in July they planned an all-stock merger of equals.

Both company boards approved the cancelation after considering "the companies' ability to fully realize the benefits they expected to achieve through the merger," according to the statement.

The parties agreed each company will bear its own merger expenses and neither party will pay any termination fee, the companies said.

Price: 17.9, Change: -0.02, Percent Change: -0.11