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BankUnited quiet period ends March 8

March 3, 2011
BKU

BankUnited, a FL-based bank seized by the FDIC in 2009 and transferred to PE firms, will see its quiet period end on Tuesday, March 8. On January 27, the company raised $783 million by offering 29 million shares at $27, above the range of $23 to $25. Morgan Stanley, BofA Merrill Lynch and Deutsche Bank Securities acted as lead managers on the deal.