To facilitate acquisitions, the Office of Thrift Supervision on Wednesday said it is considering allowing federal mutual holding companies to set up state-chartered stock holding companies.

The multi-tier arrangement, OTS said, would add a state-chartered stock holding company between a thrift and its mutual holding company. All the thrift's stock would be owned by the intermediate holding company, which could sell up to 49% to the public while the mutual holding company would own at least 51%.

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