Nevada Business in Banking & Finance

Blank-check firm says in record U.S. bank purchase
NEW YORK (Reuters) - A so-called "blank-check" company said it will acquire two Nevada community lenders in the largest such recapitalization of a bank in U.S. history. The move suggests a new form of financing that may be available for a troubled banking industry seeking new sources of capital to bolster balance sheets.
[ source ] http://www.reuters.com : July 14, 2009
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