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News Report: OmniAmerican exploring sale

Report: OmniAmerican exploring sale

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Robert Francis
Robert is a Fort Worth native and longtime editor of the Fort Worth Business Press. He is a former president of the local Society of Professional Journalists and was a freelancer for a variety of newspapers, weeklies and magazines, including American Way, BrandWeek and InformatonWeek. A graduate of TCU, Robert has held a variety of writing and editing positions at publications such as the Grand Prairie Daily News and InfoWorld. He is also a musician and playwright.

 

A report by Bloomberg says that Fort Worth-based OmniAmerican Bank’s parent company is exploring a sale. According to the report publicly traded OmniAmerican Bancorp Inc. is soliciting offers through Sandler O’Neill & Partners. Originally a credit union, OmniAmerican became a mutual savings bank and went public in 2010.

An OmniAmerican spokeswoman said the bank would have not comment on the report.  For http://www.bloomberg.com/news/2013-09-04/omniamerican-said-to-work-with-sandler-o-neill-on-sale-1-.html  


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