Montgomery County panel approves bill to allow stock purchases

By Andy Brownfield
Published March 11, 2013 4:00am ET
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Montgomery County panel approves bill to allow stock purchases
Montgomery County lawmakers signed off on an incentives bill Monday that would allow the county to purchase stock in companies located within or moving to the county. (Photo: Thinkstock) | Andrey Malinkin

Montgomery County lawmakers signed off on an incentives bill Monday that would allow the county to purchase stock in companies located within or moving to the county.

The measure would allow the county to purchase up to a 25 percent stake in a company it offered incentives to.

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Local News Maryland Montgomery County