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Article: The Bank of Nashville Announces Leasing Company Investment.
- Article from:
- Business Wire
- Article date:
- May 5, 1999
CopyrightCOPYRIGHT 1999 Business Wire. 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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NASHVILLE, Tenn.--(BUSINESS WIRE)--May 5, 1999--
The Bank of Nashville, a wholly owned subsidiary of Community Financial Group, Inc. (NASDAQ: CFGI), today announced that it has entered into a Stock Purchase Agreement to acquire the majority ownership in Machinery Leasing Company of North America, Inc., subject to required approvals from bank regulatory authorities. Headquartered in Nashville, Machinery Leasing Company operates throughout the south and mid-west.
"Machinery Leasing Company is a particularly attractive investment for The Bank because it complements our business banking activities and allows us to offer leasing as a financing option to both ...