M&A Deal Announcement | Tentt Deal Tracker

San Diego County Credit Union has been involved in a merger acquisition with Cal Coast Credit Union, a financial services other business in California, for $288 million. The credit unions provide member-focused lending and deposit services, and the proposed financial services M&A would have combined operations across San Diego County and the broader CA market. Cal Coast sought to keep deal terms that would have placed its CEO in leadership of the combined institution, while SDCCU moved to change the merger terms. The financial services deals CA process is rumoured and faces legal risk after a judge’s ruling, with lawyers arguing over whether the merger acquisition can proceed as originally structured.