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Article: Corpus Christi in Tex. loses bid to keep bank from taking stake.(Corpus Christi Bancshares, National Bancshares)(Brief Article)
- Article from:
- American Banker
- Article date:
- May 6, 1996
- Author:
CopyrightCOPYRIGHT 1996 SourceMedia, Inc. 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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Corpus Christi Bancshares has lost a hard-fought battle to keep another Texas bank from buying a large chunk of its stock.
Laredo-based National Bancshares of Texas got the go-ahead from the Federal Reserve last week to acquire nearly one-quarter of Corpus Christi's stock, a move Corpus Christi is not happy about.
In a year of shareholder disputes at community banks, this appears to be the first in Texas, and it is unusual in that it is between two banks.
Corpus Christi, parent of Citizens State Bank of Corpus Christi, has been fighting tooth and nail to thwart National's bid for 24.9% of its stock, saying the purchase would enable National to join ...
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Article: International Bancshares Corporation Agrees to Acquire ...
Business Wire;
July 31, 2001 ;
700+ words
... ... opportunity to grow National Bancshares' operations while ... Marvin E. Melson, National Bancshares' President and ... San Antonio, Corpus Christi, McAllen, Brownsville ... primarily in Mexico. National Bancshares Corporation of ...
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