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Citizens Republic exchange offers raise $199M.http://finance.yahoo.com/news/Citizens-Republic-exchange-apf-2537451302.html?x=0&.v=1This is far more complex than I can understand. The bottom line it it was a success.I looked at the share price before and after, and we did not see that much of a decline in the share price. It could be the street already priced in the exchange.This coulkd put IBCP in a better position than what you see at first glance.By all means i am not pumping CRBC. I am just commenting on a bank who was successful in doing what IBCP is proposing to shareholders.