Ark. Bank Co. Enters Ch. 11 With $16M Recapitalization Offer

Ark. Bank Co. Enters Ch. 11 With $16M Recapitalization Offer

The holding company for Arkansas-based Metropolitan National Bank on Friday entered Chapter 11 bankruptcy following years of mortgage-related losses and announced a $16 million recapitalization offer from a Texas-based private equity firm. ...read more

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