(Reuters) - Shares of the online bank and mortgage lender, which is
selling the assets to privately held EverBank, lost more than
half of their value and touched a new year-low.
The Atlanta-based company also said it will shutdown its
third-party mortgage origination business, NetBank Funding, and
incur costs of $25 million to $28 million.
Read more at Reuters.com Mergers News
selling the assets to privately held EverBank, lost more than
half of their value and touched a new year-low.
The Atlanta-based company also said it will shutdown its
third-party mortgage origination business, NetBank Funding, and
incur costs of $25 million to $28 million.
Read more at Reuters.com Mergers News
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