Thursday, July 29, 2010

Comerica Raises $800 Million in Stock Sale to Repay TARP Funds

Comerica Raises $800 Million in Stock Sale to Repay TARP Funds
March 9 (Bloomberg) — Comerica Inc. raised $800 million from equity investors to repay federal bailout funds, becoming the latest U.S. bank to sell stock this year to exit the Troubled Asset Relief Program.

Read more on Bloomberg

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