November 20, 2012 at 14:50 PM EST
EverBank Muscles Up With Buyout, Wall Street Cheers
The team at EverBank Financial wasted no time hitting the acquisition trail after taking the company public May 3. Last month, EverBank (EVER) moved to further accelerate its growth plans by closing on the purchase of Business Property Lending, North America, a unit of GE Capital Real Estate, North America. EverBank paid General Electric (GE) $2.41 billion for Business Property, which originates and services commercial real estate loans for
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