Ramstad: The sale of Bremer Bank ends a one-of-a-kind ownership structure in American banking.
- Posted on November 25, 2024
- By Star Tribune
- 1 Views
Ramstad: The sale of Bremer Bank ends a one-of-a-kind ownership structure in American banking.
The $1.4 billion sale to Old National Bank left major questions after years of conflict between bank executives and the nonprofit majority shareholder of the bank. The biggest: What if the bank had been sold for around $2 billion, as was on offer at least preliminarily when the dispute started?
