M&A / Funding

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Atlantic Bay Mortgage Group, Virginia Community Bank abandon merger plans

Aug 15, 2018By

After more than a year of working through the regulatory and financial hurdles, Atlantic Bay Mortgage Group and Virginia Community Bank announced this week that they are abandoning their plan to merge. The companies said this week that the timeframe to complete the merger “remains unclear,” so it’s in the best interest of each company to move forward separately.

3d rendering of a row of luxury townhouses along a street

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