(Reuters) - Fremont also said it would sell a minority stake to an
investor group led by former S&L executive Gerald J. Ford.
"The Ford-led minority investment will provide some
additional equity capital and a seasoned management team,"
Fitch said in a statement. Those improvements will help Fremont
face recent challenges and liquidate salable assets, Fitch
said.
Read more at Reuters.com Bonds News
investor group led by former S&L executive Gerald J. Ford.
"The Ford-led minority investment will provide some
additional equity capital and a seasoned management team,"
Fitch said in a statement. Those improvements will help Fremont
face recent challenges and liquidate salable assets, Fitch
said.
Read more at Reuters.com Bonds News
No comments:
Post a Comment