LandAm to Buy Centennial Bank

Published April 28, 2003, 2:00 p.m. EDT

1 Min Read

LandAmerica Financial Group Inc., Richmond, Va., has agreed to acquire Orange County Bancorp and its wholly owned subsidiary, Centennial Bank, Fountain Valley, Calif., for $27.6 million.LandAmerica, a provider of real estate transaction services that has three title insurance subsidiaries, said the price would include the purchase of 100% of Centennial's outstanding stock. Centennial Bank's assets totaled $239.6 million at the end of last year. LandAmerica can be found on the Web at http://www.landam.com.

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