Anchor Bancorp files IPO
Anchor Bancorp Wisconsin, the parent of Anchor Bank, has filed for its initial public stock offering. The company wants to raise $10 million by selling 372,000 shares of common stock for $25 to $27 per share. The money would be used for general corporate purposes.
The bank hopes to rejoin the Nasdaq using the same symbol (ABCW) it had prior to its bankruptcy reorganization.