Replies to post #10634 on Corus Bankshares Inc. (fka CORSQ)

[Founder77]

from 2009

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

[itsmikie]

It's VERY Possible... :*)