Tex. Holding Cos. Get Bidder For Dallas Bank, Seek Ch. 11
North Texas Bancshares Inc. and its subsidiary plan to sell their interest in Park Cities Bank through a Section 363 sale, in a deal that will bring the debtors $7.35 million in cash and infuse the nondebtor bank with up to $40 million in additional equity.
The holding companies have been seeking a...
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