WebJun 7, 2001 · But Atlanta-based SunTrust has sued to stop the merger, and First Union and Wachovia have, in turn, sued SunTrust.\ Contact Meredith Barkley at 373-7091 or [email protected]. WebApr 15, 2024 · Wachovia Corporation (Wachovia) and First Union Corporation (First Union) merged on September 1, 2001, to form a new company called Wachovia Corporation (new Wachovia).' The combination creates the nation's fourth largest commercial banking organization, with consolidated assets of $328.5 billion.2
BANK MERGER FACES SECOND SUIT\ THE LAWSUIT SAYS THAT WACHOVIA…
WebSep 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 … WebJun 2, 2008 · Wachovia has tripled in size since Thompson engineered the 2001 merger of First Union Corp with Wachovia. For many years, he held a reputation for smoothly integrating acquisitions, such as the ... greenline healthcare group email
First Union Securities Will Become Wachovia Securities
WebMay 21, 2001 · A First Union-Wachovia merger would create the fourth-largest U.S. bank in total assets, with 19 million customers. In terms of brokerage and wealth management, the partners in the new Wachovia ... WebMay 15, 2001 · First Union believes its merger of equals transaction is clearly superior to SunTrust's unsolicited offer on several critical dimensions: o Creates significantly greater earnings per share (EPS) accretion to Wachovia shareholders; o Delivers a substantially higher internal rate of return to Wachovia shareholders; and 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. greenline hair salon covington ky