Ross Sees Chapter 11 as New Venue for Bank Acquisitions

http://blogs.wsj.com/privateequity/2013/10/16/ross-sees-chapter-11-as-new-venue-for-bank-acquisitions/?mod=WSJBlog Wilbur Ross, whose Talmer Bancorp has agreed to invest $97 million to take over Capitol Bancorp’s stakes in its four remaining banks, said Tuesday that such deals without government assistance are fast becoming the model for rescuing troubled banks.

via Private Equity Beat http://blogs.wsj.com/privateequity