FDIC suspends Republic First Bancorp's auction process - Bloomberg News
The FDIC notified potential buyers on Tuesday that the bank's capital-raising effort was the avenue it was focused on pursuing, the report added, citing people familiar with the matter.Investor group Norcross Braca last week agreed to pump $35 million into troubled lender Republic First Bancorp whose shares were delisted in August and trade on the over-the-counter marketplace.
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