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Goering Management to get majority stake in Bon

GoeringManagement Co. LLC of Moundridge, Kan., and subsidiary applied to raise their aggregate stake in , according to a filingreceived by the Kansas City Federal Reserve Bank Sept. 19.

According to SNL data, the entities own 43.83% ofMoundridge, Kan.-based Bon. If the application is approved, the stake increasesto 64.86%.

The increase in holdings will be done through the redemptionof treasury stock. Bon's 893,701 shares outstanding would then decrease to603,899. Goering Management and Goering Financial own 391,710 shares. GoeringManagement principals Eric Goering and Theron Goering also own an additional92,895 shares each.

Bon is the parent company of .