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Bremer Financial did not double its earnings over one year. It did not double its book value. The trust arrived at its 2019 value through a third-party valuation, a trust spokesman confirmed.
If Bremer Financial had agreed to sell in 2019 when buyout offers were plentiful, the payoff would likely have been around $2 billion. Instead, after a nearly five-year court battle and a downturn ...
St. Paul-based Bremer Financial, the second largest bank based in Minnesota, will be sold to Old National Bank for $1.4 billion, culminating a five-year saga over Bremer’s future. On Monday ...
UPDATE: This article includes information from the banks' conference call and analysts' comments. Bremer Financial, long rumored as an acquisition target, finally pulled the trigger on Monday. The St.
Mike Hughlett at the Star Tribune is reporting St. Paul-based Bremer Financial, the second largest bank based in Minnesota, will be sold to Old National Bank for $1.4 billion, culminating a five ...
Bremer Financial argues that all the talk of unforeseen circumstances is hogwash. Through the Great Recession and other times of economic or regulatory upheaval, the trustees have affirmed in required ...
ST. PAUL — Is the Bremer Financial Corp. for sale? The Otto Bremer Trust, which owns 86% of the bank, is looking at options. The trustees of the Otto Bremer Trust, a St. Paul-based philanthropic ...
The Otto Bremer Trust, which owns roughly 90 percent of the bank, said Monday it'll explore a possible sale of its ownership amid turmoil on its board. The majority owner of Bremer Financial Corp ...
Bremer Financial Corp., which is based in St. Paul and is Minnesota’s fourth-largest bank by deposits, is for sale, according to people familiar with the matter.
Old National and Bremer Financial announced Monday morning a $1.4 billion merger agreement that will make Old National the third-largest bank in the Twin Cities and expand its banking footprint ...
Regional lender Old National Bancorp will buy privately held Bremer Financial in a $1.40 billion cash-and-stock deal, the companies said on Monday, creating a combined bank with over $70 billion ...