First California Financial Group (FCAL) is expected by the end of next week to announce a deal to sell itself for $200 million to $215 million, according to people familiar with the matter.

Bids were due in late July for the Westlake Village, Calif., bank, says one of three sources who spoke on condition of anonymity because the negotiations are private. PacWest Bancorp (PACW) in Los Angeles forced First California into play with an unsolicited, all-stock offer in the spring.

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