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NBH Holdings Corp. Raises $1.15 Billion to Create Community Banking Franchise.

Publication: Investment Weekly News
Publication Date: 07-NOV-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
NBH Holdings Corp. ("NBH"), a recently-formed corporation led by veteran banking executives, announced that it has raised gross proceeds of $1.15 billion through the sale of common stock in a broadly distributed private placement. The shares were purchased by over 70 non-control institutional investors, none of whom will have a Board seat, an economic interest in excess of 9.9%, or a...

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