BankUnited Inc., the Florida lender run by John Kanas, plans to stay independent instead of finding a buyer.
“A preliminary process did occur whereby the company considered its strategic alternatives,” the Miami Lakes, Florida-based company said today in a statement. “That process has concluded” and BankUnited will continue “as an independent institution.”
To contact the reporter on this story: Rick Green in New York at firstname.lastname@example.org
To contact the editor responsible for this story: David Scheer at email@example.com