BBCN Bancorp to buy Wilshire Bancorp in $1 bln deal
Dec 7 (Reuters) - BBCN Bancorp said it would buy Wilshire Bancorp Inc in an all-stock deal valued at about $1 billion.
BBCN's offer is valued at $13 per share, a premium of 10.5 percent to Wilshire's Friday close.
Both banks are based in California.
(Reporting by Sruthi Shankar in Bengaluru; Editing by Sriraj Kalluvila)
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