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Leading Bank In Harlem Faces Hostile Takeover From One Of Its Biggest Shareholders Dream Chasers Capital

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On August 14, 2023, Dream Chasers Capital Group, one of Carver Federal Savings Bank’s biggest shareholders of record with a 5.5% stake. Has made a significant offer to buy 35% of the bank’s shares for $3 a share, a premium above the current stock price. Dream Chasers, a New York City-based minority-run Investment Fund, made the offer in a…

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