Wisconsin Banking Update
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Offer Made for Southport Bank Shares
Posted on February 10th, 2010 No commentsA former Kenosha businessman has offered $8.5 million to buy a controlling interest in Kenosha-based Southport Bank. Under an investment plan scheduled for a shareholder vote next week, the bank to increase its number of shares from 3 million to 30 million, the Kenosha News reported.