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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.
Otto Bremer Trust, Bremer Financial agree to end five years of contentious litigation - Star Tribune
The Otto Bremer Trust and Bremer Financial have reached an agreement to end all litigation between them, concluding a yearslong court battle stemming from a dispute about the bank’s future ...
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Minnesota charities out at least $500M because of Bremer Financial’s loss of value - MSNIf 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 ...
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.
Shareholders with the Bremer Financial Corporation voted Thursday to oust two members of their parent company, the Otto Bremer Trust, one of the state’s oldest philanthropies, from the ...
Bremer Financial in St. Paul, Minn., has filed a lawsuit in hopes of thwarting a takeover and attempted sale by its biggest shareholder. The $13 billion-asset company said in a press release last week ...
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 ...
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 ...
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 ...
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 ...
Heartland Payment Systems, a Princeton-based provider of credit and debit-card processing, payroll and payment services, has entered into a strategic partnership with Bremer Financial Corp. of St ...
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