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Reuters: BankAtlantic halts dividend, defers debt payment

Started by chris, February 21, 2009, 05:59:11 AM

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chris

BankAtlantic halts dividend, defers debt payment
      
   
      


NEW YORK (Reuters) - BankAtlantic Bancorp Inc , which last year sued a prominent banking analyst over a report that referred to its financial condition, said it is halting its common stock dividend and share repurchases, and will defer interest payments on $294.2 million of debt.<div class="feedflare">
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