United Capital Corp. Takes Interest In Patriot National Bank
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GREAT NECK, N.Y.–(BUSINESS WIRE)–United Capital Corp. (NYSE Amex: AFP) today reported that it has taken a 9.9% interest in PNBK Holdings LLC which recently completed a $50 million investment in Patriot National Bancorp, Inc. (“Patriot”) acquiring 33.6 million shares or approximately 88% of its outstanding stock. Patriot is a commercial bank headquartered in Stamford, Connecticut with assets of…
