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Why Gator Capital Put $5.6 Million to Work in a Regional Bank Stock Down 7% This Past Year

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Key Points - Florida-based Gator Capital Management initiated a new position in First Financial Bancorp during the third quarter, buying up 221,920 shares. - The position was worth an estimated $5.60 million at quarter-end. - It accounted for 1.42% of 13F reportable assets under management (AUM)…

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