BNC Bancorp in N.C. to Buy High Point Bank
Troutman Sanders LLP was mentioned in numerous mid-November articles – American Banker, Dow Jones Institutional News, FactSet Flashwire, MarketLine – about BNC Bancorp (BNC), the holding company for Bank of North Carolina, signing a definitive agreement to acquire High Point Bank Corporation (HPTB), the holding company for High Point Bank and Trust Company, pursuant to which BNC will acquire all of the common stock of HPTB in a cash and stock transaction valued at approximately $141.3 million.
Atlanta partner James Stevens and Atlanta associates Brandon Thomas and Hunter Knowles handled the transaction for BNC.