Gibraltar Savings Bidders Revealed: Seven parties have...
Gibraltar Savings Bidders Revealed: Seven parties have emerged as the most interested potential buyers of Gibraltar Savings, being sold by the federal Resolution Trust Corp., according to several sources. They are said to be Wells Fargo, BankAmerica, Security Pacific, Citibank FSB, Great Western Financial, Golden West Financial and Toronto-based Royal Trustco. American Savings, owned by the Robert M. Bass Group, reviewed the Simi Valley thrift’s books recently but will not submit a bid, sources said. Bids were due Tuesday, with an announcement of a sale expected by June 29.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
