Old Glory Bank Says Fed Blocked Its Nasdaq Deal

Dallas Express
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Old Glory Bank Says Fed Blocked Its Nasdaq Deal
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Old Glory Bank will remain privately held after abandoning a transaction that valued its holding company at $250 million and would have taken the combined company public on Nasdaq, with President and CEO Mike Ring saying the Federal Reserve would not approve the deal. The Oklahoma-based, digital-first bank disclosed the decision Thursday in a customer […]

The post Old Glory Bank Says Fed Blocked Its Nasdaq Deal appeared first on Dallas Express.

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