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Bradford Bank
Bradford Bank Files Mutual-to-Stock Conversion Registration Statement; Expects to Receive Cease and Desist Order
October 11th, 2008
Bradford Bank announced the filing of a registration statement with the Securities and Exchange Commission with respect to an initial public offering of common stock of its proposed holding company. This filing is in connection with the Bank's proposed conversion from the mutual holding company form of organization to the stock holding company form of organization. Bradford Bancorp, Inc., a Maryland corporation, has been organized to offer for sale in the conversion shares of common stock to depositors and borrowers of Bradford Bank as well as to the community. Bradford Bancorp expects to sell in the offering between a minimum of 2,125,000 shares and a maximum of...
Source: Law & Health Weekly (2008-10-11)
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