Bid Summary
Franklin Venture LLC
Date Sold: September 30, 2009
| Bidder | Bid $ | Comments |
|---|---|---|
| Winning bid: Residential Credit Solutions |
64,215,000 | Leveraged |
| Cover Bid: PennyMac |
60,937,500 | Leveraged |
| Other Bid: | 63,224,993 | Leveraged |
| Other Bid: | 60,489,411 | Leveraged |
| Other Bid: | 60,150,000 | Leveraged |
| Other Bid: | 52,594,108 | Leveraged |
| Other Bid: | 35,640,000 | Leveraged |
Other Bidder Names:
Diversified Business Strategies LLC
G8 Capital
One William Street
WL Ross & Co LLC
Notes:
- There are more bids than bidders because one or more bidders submitted more than one bid.
- The Other Bidder Names and the Other Bids are in random order. There is no linkage between bidder names and bids, except in the case of the winning bid and the cover bid.
- The cover bid is the second best bid after excluding all bids submitted by the winner bidder.
- For more information on the bid disclosure policy, see www.fdic.gov/foia/readingroom.html.