Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
7,473.47
(
0.37%
)
US TECH 100
28,940.00
(
0.83%
)
Dow Jones
50,579.70
(
0.58%
)
Brent Oil
96.49
(
-4.63%
)
Bitcoin
76,613.91
(
-0.85%
)
News Focus
News Focus

Replies to post #2055 on Golden Mountain Financial Holdings Corp. (fka FNBC

Replies to #2055 on Golden Mountain Financial Holdings Corp. (fka FNBC
icon url

Enterprising Investor

05/22/20 5:43 PM

#2056 RE: investsen #2055

The UST’s stance is that the preferred stock requires redemption because Newco would no longer operate as a Bank Holding Company upon exiting bankruptcy.