Security California closes private placement of common stock
Security California Bancorp, the holding company for Security Bank of California, has closed a private placement of its common stock resulting in gross proceeds to the company of $20 million.
PF Chang's China Bistro Inc , which has been fighting to recover from ill-timed price increases, said it would go private in a $1.1 billion deal with Centerbridge Partners, sending its shares up 30 percent.