m_and_a
confidence high
sentiment positive
materiality 0.70
Columbia Banking and Pacific Premier shareholders approve proposed acquisition
COLUMBIA BANKING SYSTEM, INC.
- Columbia shareholders approved issuance of common stock: 183,261,639 for, 291,911 against (99.8% of votes cast).
- Pacific Premier stockholders also approved the merger at their special meeting on July 21, 2025.
- Deal expected to close later in 2025, subject to receipt of remaining regulatory approvals and customary conditions.
- Combined entity to enhance market leadership across the West; teams preparing for swift closing.
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