Bloomberg: Doral Financial set to begin asset sales


First on the block, according to Bloomberg, could be Doral's (DRL +2.9%) $600M commercial real estate business and the bank's U.S. branches.

The stock gained nearly 10% off of the day's low on publication of the report, but has since retreated to a more modest gain.

Previously: Doral Financial soars after Supreme Court ruling

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Comments (1)
  • DeepValueLover
    , contributor
    Comments (11220) | Send Message
     
    Will the liabilities (minus deposits) be erased by the asset sales?
    30 Jul 2014, 02:00 PM Reply Like
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