The Bank of Glen Burnie /
VA Wholesale Mortgage Incorporated
The Bank of Glen Burnie to purchase VA Wholesale Mortgage Incorporated
What happened
The Bank of Glen Burnie entered into a stock purchase agreement with Eric Tan for 100% of the issued and outstanding stock of VA Wholesale Mortgage Incorporated, which provides residential mortgage banking services to the general public.
The agreement states $750,000 cash consideration to the Seller.
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The Bank of Glen Burnie to purchase VA Wholesale Mortgage Incorporated
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