MB Financial (MBFI) Exits TARP
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On March 14, 2012, MB Financial, Inc. (Nasdaq: MBFI) issued the press release attached hereto as Exhibit 99.1 and incorporated herein by reference, announcing that it repurchased all $196 million of preferred stock which it issued in 2008 to the U.S. Department of Treasury as part of the Troubled Asset Relief Program Capital Purchase Program.
The Company expects to enter into negotiations to repurchase the warrant held by Treasury to purchase 506,024 shares of the Company’s common stock.
The Company expects to enter into negotiations to repurchase the warrant held by Treasury to purchase 506,024 shares of the Company’s common stock.
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