Monthly Archives: October 2009

Colombo Bank’s plans uncertain after OTS order

Poor lending choices have gotten Rockville-based Colombo Bank in hot water with regulators, making the prospects of its planned merger with another bank — also under federal scrutiny — uncertain, analysts said Thursday. Washington businessman Morton Bender is the majority ...

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Sale price of Hale’s property: $125M

Columbia-based real estate trust Corporate Office Properties Trust paid $125 million to acquire Canton Crossing, the stalled real estate development in Southeast Baltimore that banker Edwin F. Hale Sr. once said would be worth more than $1 billion. Now, COPT ...

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Sinclair Broadcast refinances

Sinclair Broadcast Group Inc., of Hunt Valley, announced that its wholly owned subsidiary, Sinclair Television Group Inc., has refinanced a portion of the borrowings under its existing senior secured bank credit facility. Sinclair also closed on the private placement of ...

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MGH keeps O.C. account

MGH Inc., a Baltimore-based integrated marketing communications agency, announced it has been selected as agency of record for Ocean City. MGH said it has worked with the city since 2002 and was selected following a competitive Request for Proposal process ...

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