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. WebWachovia-First Union Merger: 2001. In April 2001, First Union made its $14 billion bid for Wachovia. At the time, First Union was facing possible takeover threats and Wachovia's …
First Union To Acquire Wachovia - The Washington Post
WebFirst Union – Wachovia, Merger of Equals [ edit] On August 3, 2001, legacy Wachovia Corporation shareholders approved a "merger of equals" deal with Evergreen Fund's umbrella company, First Union Corporation, to create the new Wachovia Corporation, of which Evergreen became a subsidiary. 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 philip trowbridge edward jones
BANK DEAL
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 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... WebApr 27, 2001 · First Union and Wachovia, meanwhile, announced leadership appointments in the combined companies' banking division Friday. Despite concerns that Wachovia's culture would get lost in the... try except in robot framework