Bank’s Shares Soar
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TUSTIN — Eldorado Bancorp stock rose 9% Thursday in the first day of trading after the announcement that it is being acquired by Commerce Security Bancorp Inc. of Huntington Beach for $23 per share. Eldorado’s stock climbed $1.875 a share to $22.25 in Nasdaq trading.
The companies announced the $90-million deal after the market closed Tuesday.
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