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Thursday, 05/14/2009 1:26:21 PM

Thursday, May 14, 2009 1:26:21 PM

Post# of 1746
BankUnited bidders said to seek receivership, Bloomberg reports 05/14 11:19 AM



Bloomberg reports that according people familiar with the matter, bidders for BankUnited Financial (BKUNA:$0.8489,$0.0889,11.70%) are asking federal regulators to put the company into receivership before selling its assets, a step that could wipe out shareholders

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