Crain’s Business Journal reported that Toronto-based BMO Financial Group made a higher offer than Fifth Third Bank to acquire MB Financial, but MB’s board voted to go with the U.S.-based bank.
According to Crain’s, a SEC filing revealed BMO offered $56 per share to MB Financial versus $53.35 from Fifth Third.
The California Financing Law contained in Division 9 of the California Financial Code, commencing with §22000, requires licensing and regulation of finance lenders and brokers making and brokering consumer and commercial loans, except as specified. It prohibits misrepresentations, fraudulent and... read more
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