Private Equity
Latest Posts
Private Equity Firm to Invest $250 Million in Flagstar
Dec 18, 2008Ailing Flagstar Bancorp, Inc. [stock FBC][/stock] announced Thursday that it has entered into an investment agreement with MatlinPatterson Thrift Investments LP, in which MatlinPatterson will inject $250 million in Flagstar, taking a 70-percent stake in the Troy, Mich.-based bank.
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