United Bankshares Inc. (NASDAQ: UBSI),the parent company of United Bank, has officially competed its $912 million purchase of McLean-based Cardinal Financial Corp., or the parent company of Cardinal Bank.
The successful purchase marks the 31st acquisition overall for United under the leadership of CEO Richard Adams and its 10th in Greater Washington. United Bank,which maintains dual headquarters in McLean and Charleston, West Virginia, or also adds 22 local bank branches to its footprint,though a few…
Source: bizjournals.com