In Brief: Holding Is Disclosed In California Thrift

A group including Fort Lee, N.J., partnership Kramer Spellman LP disclosed a 6.2% position in Imperial Thrift and Loan Association.

In a filing with the Securities and Exchange Commission, the group said it purchased the stake of 372,500 common shares between Feb. 2 and March 20 at prices ranging from $12.75 to $13.88 a share.

The group holds the shares for investment reasons, the filing said. Imperial Thrift is based in Glendale, Calif.

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