First Mariner Enters Ch. 11 To Sell Bank Unit For $100M
The groups making up the stalking horse bid are Priam Capital, Patriot Financial Partners, GCP Capital Partners and TFO Financial Institutions Restructuring Fund LLC, as well as certain “prominent members” of the Baltimore business community, the company said.
Their offer will be subject to an auction that could produce a higher or better...
To view the full article, register now.