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San Diego · San DiegoOne of San Diego’s oldest companies announced Wednesday it will be purchased by a Florida-based investment firm. Guild Mortgage, based in San Diego since its 1960 founding, has agreed to sell all remaining shares of its company for $1.3 billion to Florida-based Bayview Asset Management. Guild had been publicly traded since October 2020 but will now become private. Stockholders will receive $20 a share. That’s a 56% premium to the stock’s closing…See the Story
San Diego’s Guild Mortgage to Be Sold in $1.3 Billion Deal
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