Wedbush sought a larger stake in Great American.
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Wedbush Corp., a Los Angeles brokerage, sought permission from the Federal Home Loan Bank Board to increase its 9.8% stake in San Diego-based Great American First Savings Bank. If the bank board grants approval, Wedbush may buy up to 24.9% of Great American’s stock, although officials from both companies maintained that the filing did not signal an attempted takeover.
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