HomeFed Corp., a holding company formed to...
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HomeFed Corp., a holding company formed to operate Home Federal Savings & Loan Assn. of San Diego, has registered about 25 million common shares with the U.S. Securities and Exchange Commission to complete the reorganization.
According to a filing with the SEC, HomeFed will exchange the stock, valued at $595 million, for stock of the bank on a share-for-share basis.
Home Federal stockholders are scheduled to vote on the reorganization July 28.
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