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IDC Stock Battle Ends in Discontinued Bid for IDC
Mercantile Bank President Otlie Miller says he has halted efforts to buy a controlling IDC stake after failing to secure 40 percent of outstanding shares. He notes IDC Board may offer about 12 per share for 4,000 shares, with potential support for sellers facing financial need and aims to reactivate the IDC for community benefit.
MENTIONED IN THIS ARTICLE
Indnatrinl Rélopment, Corporation
IDC
Mercantile Bank
Otlie Miller
Miller
Board of Director
IDC Band c
Suanin
Haine
Iiake ES Fens
EDC