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Article: Ahmanson rumor revs N.Y. thrift's stock. (H.F. Ahmanson & Co.'s Home Savings of America's acquisition of JSB Financial Inc.)
- Article from:
- Los Angeles Business Journal
- Article date:
- August 5, 1991
- Author:
CopyrightCOPYRIGHT 1991 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Ahmanson rumor revs N.Y. thrift's stock
Thunderous trading volume for a large New York thrift's shares last week was caused by investors who expect it to be acquired by Home Savings of America, an arbitrageur at a leading investment firm said last week.
JSB Financial Inc.'s stock gained 62.5 cents a share on July 29 to close at $17.125 on volume of 1.1 million shares, a more than tenfold leap on its usual daily pace. JSB's main subsidiary, Jamaica Savings Bank, had not released any news since reporting a week earlier its second-quarter earnings were up 59 percent from a year earlier.
Acquisition rumors center around Irwindale-based Home Savings ...
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Article: Joseph J. Blaine, Retired Vice Chairman of the Board of ...
PR Newswire;
February 12, 1997 ;
605 words
... ... PRNewswire/ -- JSB Financial, Inc. (Nasdaq ... holding company for Jamaica Savings Bank FSB, today ... of the Board of JSB Financial, former President ... remembered." JSB Financial, Inc. and Jamaica Savings Bank FSB, are ...
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