Synovus Financial Corp. (SNV) completed the bulk sale of its distressed assets. The selling process was initiated on Dec 10 with an aim to reduce balance sheet risk.
It’s called the “Oklahoma Land Rush,” and it’s a fascinating story from U.S. history that I’ve related to some of you before.
It was just before noon, April 22, 1889, and tens of thousands of folks were spread across an Oklahoma hillside. Some were on horseback, others sat atop wagons and many were on foot.