Northern, WI 5/4/12 (StreetBeat) -- The parent company of WashingtonFirst Bank has agreed to buy Alliance Bankshares Corp. (Nasdaq: ABVA) in a $24.4 million deal, WashingtonFirst Bankshares Inc. announced Thursday after the markets closed.The deal represents a 19 percent premium on Alliance stock, which closed Thursday at $4.08.
This is the second time in a year a competitor has agreed to buy Chantilly, Va.-based Alliance Bankshares, which owns Alliance Bank.
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