A New York investment fund reported a 9.1% stake in American National Bancorp, a Baltimore company that has been rumored as a takeover candidate for the past year.

Tontine Financial Partners reported in a Securities and Exchange Commission filing this week that it would seek discussions with management on how to maximize shareholder value. Tontine, which has a fund of small bank and thrift stocks, now owns 326,500 shares of American National stock.

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