First union merger with wachovia
WebApr 1, 2003 · Wachovia's filing with the S.E.C. for the quarter ended June 2001 indicated that the company bought $552 million worth of First Union stock after the merger was announced. WebApr 16, 2001 · Mike Hayes Apr 16, 2001 First Union announced this morning that it is buying Wachovia Corp. and adopting its corporate identity. First Union Corp. will become Wachovia Corp., and...
First union merger with wachovia
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WebAug 13, 2001 · BHC Act (12 U.S.C. § 1842) to merge with Wachovia Corporation (“Wachovia”) and thereby acquire Wachovia’s subsidiary banks,1 including its lead subsidiary bank, Wachovia Bank, National Association, Winston- ... 3 First Union and Wachovia are financial holding companies within the meaning of the BHC Act. In … Webprovisions"4 in the merger agreement were valid, but the "termination provisions 5 contained therein were not.6 The parties modified the merger agreement to comply with the court order, and on July 31, First Union's shareholders approved the merger.7 Wachovia's shareholders followed with the approval of the merger on August 38
WebApr 1, 2024 · Members of Constellation Federal Credit Union have approved a proposal to merge the institution with the $3.4 billion-asset Northwest Federal Credit Union. … WebIn September 2001, First Union completed their acquisition of Wachovia National Bank to become Wachovia Corporation, which used to be one of the largest financial holding …
WebIn April 1998, CoreStates was acquired by First Union, creating the sixth-largest banking company in the United States. On September 1, 2001, First Union and Wachovia merged to form Wachovia Corporation. In 2008, Wells Fargo & Company acquired Wachovia Corporation, including First Union. Need help? WebSouthTrust Corporation was a banking company headquartered in Birmingham, Alabama. In 2004, SouthTrust reached an agreement to merge with Wachovia in a stock-for-stock deal. At the time of the merger with Wachovia was completed, SouthTrust had $53 Billion in assets. SouthTrust was listed on the NASDAQ exchange under the ticker symbol SOTR.
WebApr 16, 2001 · Wachovia will merge with rival First Union, the two banking giants confirmed Monday, shocking the industry and region with a move that wasn't even on the radar …
WebFeb 20, 2024 · First Union shareholders received 0.7434 of a Wachovia common share for each First Union common share they owned. The merger created a leading diversified financial services company with retail banking, corporate and investment banking, and wealth management and asset management businesses. portchester health centre parkingWebFirst Union merges. On September 1, 2001, First Union and Wachovia merged to create the leading retail bank presence on the East Coast and the fifth-largest full-service retail broker-dealer in the United States. The new company was named Wachovia Corporation. irvine new homesWebDec 17, 2001 · CHARLOTTE, North Carolina -- Wachovia Corp. and First Union Corp. have completed their long-planned $14.3 billion merger, creating the fourth-largest U.S. bank. … irvine nature center owings mills mdWebSep 4, 2001 · NEW YORK (CNNfn) - North Carolina banks First Union Corp. and Wachovia Corp. completed their controversial merger Tuesday, creating the nation's fourth largest … irvine new homes great parkWebJul 31, 2001 · First Union shareholders surprised no one Tuesday, approving the bank's proposed merger with Wachovia by a large margin, according to preliminary results of the vote. portchester health centre west streetWeb21. In connection with the Wachovia/First Union merger, Wachovia and NOVA entered into, effective August 1, 2002, the Amended and Restated Alliance Relationship Agreement (“the Original Restatement”). The parties subsequently amended the Restatement four times effective March 1, 2004 (First Amendment), January 1, 2005 (Second Amendment), irvine new homes lyons homeWebApr 16, 2001 · NEW YORK (CNNfn) - First Union Corp. said Monday it has agreed to buy Wachovia Corp. for about $13 billion in stock, a move that would combine two North … irvine new homes ca