* Announces retention of sterne, agee & leach, inc. as financial advisor
* Says hired sterne, agee & leach, inc. for the purpose of assessing strategic
alternatives
* Says alternatives include selling assets or merger
* Says at close of recent rights offering stockholders had submitted valid
subscriptions for 1,866,439 shares
* Says had offered for purchase up to 7,500,000 shares of common stock, $1 par
value, at $2.00 per share
((New York Equities Desk; tel: +1 646 223 6000))
(For more news about CapitalSouth Bancorp click here:)
COPYRIGHT
Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
MMMM

More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index