MoneyZone.com, a Charlotte, NC-based online investment banker, has signed a letter of intent to acquire Ostrander Burch & Co. Inc., a regional investment bank headquartered in nearby Raleigh for $7.7 million.
The acquisition will also include Carolina Securities, Inc., an NASD broker dealer, CrossBridge Capital Partners, LLC, a merchant banking fund, and a 50% interest in eCapX.com Inc., an online exchange and electronic communication network (ECN) for the commercial lending industry.
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