Commercial lender CapitalSource Inc (CSE.N) has hired a financial advisor to explore a potential sale of the company, the Wall Street Journal reported, citing people familiar with the matter. The company, which offers loans of between $5 million and $100 million, decided to put itself for sale a few weeks ago, but may abandon its plans if it does not get suitable bids, the Journal said, quoting sources. CapitalSource did not immediately respond to WSJ requests for comment. J.P. Morgan Chase & Co (JPM.N) is soliciting potential buyers which mainly include large banks, to gauge their interest in CapitalSource, which has a market value of $2.4 billion, the paper said.
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