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Vista, Calif.-based Southwest Bancorp announced that it...

Vista, Calif.-based Southwest Bancorp announced that it has received a revised offer from Security Pacific Corp., Los Angeles, to acquire Southwest for $6 per share in Security Pacific common stock. Southwest’s board has authorized negotiation of the terms of a definitive agreement. Southwest Bancorp comprises Southwest Bank and its wholly owned subsidiary, SW Mortgage Inc., a mortgage-banking concern.


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