BankAmerica Agrees to Buy Nevada Bank for $400 Million

SAN FRANCISCO - Showing a willingness to pay a healthy premium to expand, BankAmerica Corp. has agreed to buy Valley Capital Corp. of Nevada at almost twice its book value.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.