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Golden State Bancorp Inc

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May 31, 1997 | From Bloomberg News
Glendale Federal Bank said it plans to form a thrift holding company to give it more flexibility in buying back stock and making acquisitions. Shareholders of the thrift would swap one share for each share of the holding company, to be called Golden State Bancorp Inc. Glendale expects the Office of Thrift Supervision and the Securities and Exchange Commission to approve the plan next month.
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