Blue Ridge Bankshares and FVCBankcorp Mutually Terminate Merger Agreement
January 20, 2022
Blue Ridge Bankshares, Inc. and FVCBankcorp, Inc. mutually agreed to terminate their previously announced all-stock merger of equals. The companies cited the boards’ conclusion that it would not be prudent to continue pursuing the transaction, and neither party will pay a termination fee.
- Buyers
- Blue Ridge Bankshares, Inc., FVCBankcorp, Inc.
- Targets
- FVCBankcorp, Inc.
- Industry
- Financial Services
- Location
- Virginia, United States
- Transaction Type
- Divestiture
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