PE Firm Denies It Unfairly Pushed $2.2B Capital Bank Deal
By Rose Krebs ( September 24, 2020, 7:43 PM EDT) -- Private equity firm Crestview Partners LP told a Delaware vice chancellor Thursday that a proposed class of Capital Bank Financial Corp. shareholders has not shown the firm had the means to unduly influence Capital Bank's $2.2 billion sale to First Horizon National Corp. in 2017 so it could liquidate its ownership stake....
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