WASHINGTON — The Treasury Department said Wednesday it priced the sale of roughly 3.2 million warrants to purchase common stock of TCF Financial Corp. for $3.00 per warrant.

The department said taxpayers will receive net proceeds from the warrant sale of roughly $9.5 million, and that the sale is expected to close next week. The $3.00 sale price is twice the minimum bid price the Treasury set when it announced the modified auction on Monday.

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