Transactions
May 30, 2001
Manatt Phelps: Minority-Controlled Banks Combine With a Stock Swap
Founders National Bank, Los Angeles' only commercial bank owned by African-Americans, has completed its merger with Boston Bank of Commerce.
The value of the stock-for-stock transaction has not been disclosed.
Serving South Central Los Angeles, Founders National Bank opened in 1991. Its high-profile owners include former La...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In