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United Bankshares, Inc. Secures Remaining Regulatory and Shareholder Approvals for Merger with Cardinal Financial Corp.

04/07/2017
Mergers & Acquisitions

WASHINGTON, D.C. & CHARLESTON, WV – United Bankshares, Inc. (“United”) (NASDAQ: UBSI) shareholders approved the acquisition of Cardinal Financial Corporation (“Cardinal”) (NASDAQ: CFNL) during a special shareholder meeting on April 7, 2017. Shareholder approval followed regulatory approval by the Board of Governors of the Federal Reserve System and the Virginia Bureau of Financial Institutions. The companies expect to complete the transaction on April 21, 2017.

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