Western Liberty Bancorp (WLBC) announced after the close Friday that it agreed to be acquired by Western Alliance Bancorporation (WAL) in a transaction valued at approximately $55 million. Each shareholder of Western Liberty Bancorp may elect to receive either $4.02 in cash or 0.4341 of a share of Western Alliance Bancorporation for each Western Liberty share owned.
Western Liberty Bancorp has gapped open sharply higher Monday and is now up 0.99 at $3.84 on above average volume. The stock has leaped to a new high for the year.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.