Bay View Capital Corp. has retained Merrill Lynch to explore strategic alternatives, including a sale of the company. And at least one analyst said Bay View should attract some attention on the sale rack. San Mateo, Calif.-based Bay View is a financial services holding company. Its primary subsidiary, Bay View Bank, specializes in home and commercial real estate loans, in addition to commercial business and franchise financing. Bay View operates nearly 60 banks in the San Francisco area.
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