Aug. 8 at 1:59 PM
$PPBI $COLB NASDAQ Equity Corporate Actions Alert #2025 - 430
Information Regarding the Merger of Pacific Premier Bancorp, Inc. (PPBI)
https://www.nasdaqtrader.com/TraderNews.aspx?id=ECA2025-430
At a special meeting held on July 21, 2025, the shareholders of Pacific Premier Bancorp, Inc. (PPBI) approved the proposed merger with Columbia Banking System, Inc. (COLB). The merger is tentatively scheduled to close prior to the market open on September 2, 2025. In anticipation of the closing, the stock will be halted immediately following the after-hours session at or around 7:50 p.m. on August 29, 2025. If the merger closes as anticipated, the stock will remain halted on the day of closing (September 2nd) and will be suspended effective September 3, 2025.
Merger consideration: 0.915 of a share of
$COLB for each share of
$PPBI held.
