Wilbur Ross Buys Into Sun Bancorp
WL Ross & Co. has agreed to lead a $100 million investment into Sun Bancorp Inc. (Nasdaq: SNBC). The $4 per share deal would provide the investors with a 24.9% of Sun Bancorp's outstanding common stock.
WL Ross & Co. has agreed to lead a $100 million investment into Sun Bancorp Inc. (Nasdaq: SNBC). The $4 per share deal would provide the investors with a 24.9% of Sun Bancorp's outstanding common stock.