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Founder77

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Re: Sparks111111 post# 10634

Wednesday, 04/13/2011 10:31:52 AM

Wednesday, April 13, 2011 10:31:52 AM

Post# of 15495
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Why no traditional bank bidders? Probably because of its unusual structure. The Chicago Tribune describes Corus as a real estate investment trust with a bank as a side business. So basic banks are likely not listening to the Corus sales pitches. But REITs (real estate investment trusts) and private equity firms probably are.

Buyers lining up for Chicago's Corus Bank, struggling under Florida condo woes

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