RICHMOND, Va., April 27, 2010 (GLOBE NEWSWIRE) -- Bank of Virginia (Nasdaq:BOVA) and bank investment group Cordia Bancorp Inc. announced today that Cordia has agreed to acquire up to 5,000,000 newly issued shares of Bank of Virginia common stock at a price of $3 per share. Additionally, the board of directors of Bank of Virginia will be expanded to include six new members from Cordia.
Bank Of Virginia Announces Strategic Partnership With Cordia Bancorp
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