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Technology Stocks : SFNB, Security First Net. Bank

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To: tony 890 who wrote (313)2/23/1998 2:00:00 PM
From: Oeconomicus  Read Replies (1) of 507
 
News from the Atlanta Business Chronicle

This week's ABC sites Stockwell as saying, on 2/18, that they expect to announce a sale of the bank along with earnings in the first week of March. No hints on the buyer except that it has attracted 3 categories of suitors: Regional banks, international banks (apparently a Canadian bank may be bidding), and discount stock brokers. "People close to the deal" expect a sale price of $15 million to $30 million, according to ABC.

If you are interested in more, you can try the ABC's Web site:

amcity.com

Bob
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