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FDIC is approaching potential buyers of Republic First, Bloomberg News reports
The lender struck a deal with an investor group that included veteran businessman George Norcross, high-profile attorney Philip Norcross late last year, but the deal was terminated in February.
The regulator is seeking bids for the Philadelphia regional bank, Bloomberg News reported, citing the people.
Republic First did not immediately respond to Reuters' request for a comment. FDIC declined to comment.