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BUSINESS
May 17, 1988 | GREG JOHNSON, Times Staff Writer
SDN Bancorp, the holding company for San Dieguito National Bank, has signed two agreements that, if approved by regulators, evidently would turn a controlling share of the company's stock over to Wall Street Financial Corp., a little-known Honolulu-based company. Under terms of the agreement announced Monday, SDN Bancorp already has sold 4.9% of its outstanding shares to Wall Street Financial for $92,000.
BUSINESS
May 17, 1988 | GREG JOHNSON, Times Staff Writer
SDN Bancorp, the holding company for San Dieguito National Bank, has signed two agreements that, if approved by regulators, evidently would turn a controlling share of the company's stock over to Wall Street Financial Corp., a little-known Honolulu-based company. Under terms of the agreement announced Monday, SDN Bancorp already has sold 4.9% of its outstanding shares to Wall Street Financial for $92,000.
BUSINESS
August 19, 1995 | JAMES S. GRANELLI, TIMES STAFF WRITER
Liberty National Bank, returning to profitability after struggling through the recession, said Friday that it has agreed to be acquired by a New Hampshire investor group for $14.5 million in cash. Bank directors signed a letter of intent to sell Liberty National for $14.80 a share or 1.3 times its net worth, whichever is larger at the time the deal closes, to Dartmouth Capital Group, a limited partnership based outside Manchester, N.H.
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