Merger Rejected by Premierwest Shareholders

A proposed takeover of Medford-based PremierWest Bank by Washington-based AmericanWest Bank will have to wait. While shareholders approved two of three proposals Tuesday the merger wasn’t one of them, though it was a fairly close vote. Now the bank will try to gather enough votes to approve the move at another meeting next month. NBC-5’s Craig Smullin explains.

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