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Mortgage Biz To Change Hands
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Business New Haven
12/10/2001
By: BNH
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SHELTON - First Connecticut Capital Corp. has signed a letter of intent to sell its mortgage business. The acquirer is a new company that is being formed by First Connecticut Capital's president, Lawrence Yurdin, in concert with a number of company directors. The transaction is expected to close in the first quarter of 2002.
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