Miami: No Bank Atlantic for You, BB&T
Post on April 17, 2015 by The Victoria Law Group 0 Comments
Here’s a novel concept. Other investors will lose out if a buyer is allowed to go through with the purchase of a rival. Well, yeah! BankAtlantic’s sale to BB&T would have left parent company without resources to pay other investors, according to the Delaware judge who blocked the deal. Where was this judge when Chase bought WAMU and my own stock became worthless overnight.
Read Ina Paiva’s Miami Herald article here:
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