NEW YORK--(BUSINESS WIRE)--Carl Marks Securities LLC acted as investment banker and exclusive financial advisor to American Bancorporation in the sale of substantially all of its assets pursuant to §363 of the U.S. Bankruptcy Code. The sale of the assets of the Minnesota-based bank holding company, which closed on June 18, 2015, generated net proceeds of approximately $24 million. Engaged by the Board of Directors, Carl Marks led the transaction for American Bancorporation. After an initial mar
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