A Kentucky thrift has rid itself of four hostile investors whom federal regulators had ordered to sell their stock.

Pioneer Financial Corp., Winchester, repurchased about 28% of its stock from the investor group, whose members had been seeking control of the thrift for more than two years.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.