Anchor BanCorp files Ch. 11 reorganization, secures $175M capital raise
August 13, 2013 at 01:01 AM EDT
Anchor BanCorp Wisconsin Inc., the holding company for AnchorBank, plans to enter a prepackaged Chapter 11 reorganization as part of a plan that will also add $175 million in new capital to pay off debts and boost the bank’s operations, it said early Tuesday in a news release...