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From a Times Staff Writer
Los Angeles-based Wilshire Bancorp. said Monday that it had reached a deal to acquire Liberty Bank of New York for $15.7 million in cash and stock.
Wilshire, the holding company of Wilshire State Bank, had assets of about $1.5 billion as of June 30. Liberty had assets of about $56 million. Both banks have roots in their respective Korean communities, Wilshire said.
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