Hanmi Exploring Strategic Options
Date : 01/09/2013 @ 5:56PM
Source : GlobeNewswire Inc.
Stock : Hanmi Financial Corp. (MM) (HAFC)
Quote : $16.97 0.29 (1.74%) @ 6:40PM PPS as of 2/22/2013
Hanmi Financial Corporation (Nasdaq:HAFC) ("Hanmi"), the holding company for Hanmi Bank, today announced that it has retained DelMorgan & Co. as its financial advisor, and that Hanmi has been engaged and intends to continue to engage in substantive discussions with certain strategic banks and bank holding companies regarding a possible business combination, merger-of-equals or sale transaction. No definitive terms or agreement have been reached at this time and there can be no assurance that any definitive terms will be agreed to or that any definitive agreement will be entered into.
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About Hanmi Financial Corporation
Headquartered in Los Angeles, Hanmi Bank, a wholly-owned subsidiary of Hanmi Financial Corporation, provides services to the multi-ethnic communities of California, with 27 full-service offices in Los Angeles, Orange, San Bernardino, San Francisco, Santa Clara and San Diego counties, and a loan production office in Washington State. Hanmi Bank specializes in commercial, SBA and trade finance lending, and is a recognized community leader. Hanmi Bank's mission is to provide a full range of quality products and premier services to its customers and to maximize stockholder value. Additional information is available at www.hanmi.com.
http://ih.advfn.com/p.php?pid=nmona&article=55776763
* If a merger-of-equals with WIBC - BBCN - HAFC were to take place it would be a $10.7 Billion dollar bank!
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