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Prospect News home > News index > List of issuers B > Headlines for BankUnited Financial Corp. > News item
Published on 6/27/2008 in the Prospect News Special Situations Daily.

BankUnited Financial pursuing alternatives, increases authorized shares of class A common stock

By Lisa Kerner

Charlotte, N.C., June 27 - BankUnited Financial Corp. said it is pursuing alternative sources of capital and strategic opportunities in addition to those previously announced.

In addition, BankUnited held a special meeting at which stockholders approved an amendment to the company's articles of incorporation to increase the authorized shares of class A common stock to 500 million from 200 million, a BankUnited company news release stated.

BankUnited Financial is the holding company for BankUnited FSB. The company is based in Coral Gables, Fla.


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