How Sixth Street Laid the Groundwork for Its Massive Allianz Deal
The investment manager has been working to add insurance assets to its portfolio for five years.
Source: institutionalinvestor.com
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Better Lays Off 900 Employees, Revamps Terms of SPAC Merger
Company says it will be better positioned for growth as lenders shift their focus from refinancing mortgages to providing purchase loans.
Source: inman.com
Ion Bank to acquire New Jersey lender
The parent company of Naugatuck-based Ion Bank has entered an agreement to acquire a New Jersey lender and merge their operations. In a statement, Ion Financial said it will combine with Lincoln Park Bancorp, the corporate parent of Lincoln 1st Bank, in a transaction valued at approximately $7.5 million. Investors in Lincoln Park Bancorp are expected to receive $10.10 in cash per share of common stock.
Source: hartfordbusiness.com
Lincoln Park Bancorp: Ion Bank and Lincoln 1st Bank Announce Agreement to Merge
Ion Bank to Expand Its Footprint into New JerseyNAUGATUCK, CT and PINE BROOK, NJ / ACCESSWIRE / November 23, 2021 / Connecticut-based Ion Financial, MHC, parent company of Ion Bank, and New Jersey-based
Source: finanznachrichten.de
Emily Sharko Joins VCP Ventures as Chief Operating Officer
Press release content from Business Wire. The AP news staff was not involved in its creation.
Source: apnews.com