Wisconsin Banking Update
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U.S. Bancorp Ends TARP Participation
Posted on July 17th, 2009 No commentsThe Minneapolis-based parent company of U.S. Bank paid $139 million to buy back a 10-year warrant that entitled the Treasury Department to purchase 32.7 million shares of U.S. Bancorp stock for $30.29 per share, thus ending the bank’s participation in TARP, according to the Wisconsin State Journal.
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