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News Stories (22 Results) - Mergers

Following a unanimous vote from their boards, PeoplesBank and Cornerstone Bank have announced that they have entered into a definitive agreement to combine their holding companies in a merger transaction. While the merger agreement between... Read Story
June 21, 2024, 07:12 AM

New York Community Bancorp, Inc. and Flagstar Bancorp, Inc. announced the receipt of approval from the Office of the Comptroller of the Currency (the OCC) to convert Flagstar Bank, FSB to a national bank to be known as Flagstar Bank, N.A., and to... Read Story
October 31, 2022, 07:15 AM

Mitsubishi HC Capital Inc. Representative Director, President & CEO Takahiro Yanai announced the Executive Committee has resolved that the Company will merge its subsidiary CAI International, Inc. (CAI) and its sub-subsidiary Beacon Intermodal... Read Story
October 18, 2022, 07:23 AM

Firstrust Bank announced its subsidiaries Apex Mortgage Corp., a commercial mortgage lender, and Firstlease, Inc., a nationwide provider of equipment financing, have merged under the new name of Apex Commercial Capital Corp. A full-service lender... Read Story
April 12, 2022, 06:55 AM

Corcentric and North Mountain Merger Corp., a publicly traded special purpose acquisition company, announced they have entered into a definitive agreement to consummate a business combination that would result in Corcentric becoming a publicly listed... Read Story
December 13, 2021, 07:12 AM

Independent Bank Corp., parent of Rockland Trust Company, and Meridian Bancorp, Inc., parent of East Boston Savings Bank, jointly reported the following in connection with Independent’s proposed acquisition of Meridian: All regulatory approvals... Read Story
November 08, 2021, 07:00 AM

First Citizens BancShares, Inc., the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc., the parent company of CIT Bank, N.A., jointly announced the two companies have agreed to extend the merger agreement from Oct. 15 to March... Read Story
October 01, 2021, 07:23 AM

BancorpSouth Bank has completed its previously announced mergers with National United Bancshares, Inc., the parent company of National United, and with FNS Bancshares, Inc., the parent company of FNB Bank."We're pleased to announce the completion of... Read Story
May 04, 2021, 07:10 AM

NYDIG, a provider of technology and investment solutions for bitcoin, announced it has acquired Arctos Capital, a technology-driven commercial lender that provides financing solutions to bitcoin holders, investors and mining businesses. Arctos will... Read Story
April 23, 2021, 07:20 AM

TCF National Bank announced the successful completion of its integration with Chemical Bank, creating a strong foundation to strengthen individuals, businesses and the community. TCF retired the Chemical brand and unveiled its new brand platform and... Read Story
August 11, 2020, 07:16 AM

Apollo Global Management, LLC, Athene Holding Ltd.; and GE Capital, the financial services arm of GE (NYSE: GE), today announced that they have entered into a definitive agreement for Apollo and Athene to purchase PK AirFinance, an aviation lending... Read Story
August 30, 2019, 07:30 AM

Chemical Financial Corporation and TCF Financial Corporation announced the receipt of regulatory approval from the Board of Governors of the Federal Reserve System to complete the proposed merger of equals in which TCF will merge into Chemical.The... Read Story
July 17, 2019, 07:25 AM

BB&T Corporation and SunTrust Banks, Inc., announced Truist as the name for the combined company to be created through their merger of equals. Truist will be the sixth-largest U.S. bank holding company serving more than 10 million households in the U... Read Story
June 13, 2019, 07:30 AM

Pioneer Railcorp, a railroad holding company that owns short-line railroads and other railroad-related businesses, and BRX Transportation Holdings, LLC, an entity formed by Brookhaven Rail Partners and Related Infrastructure, announced entry into a... Read Story
May 20, 2019, 07:20 AM

Mechanics Bank and Rabobank, N.A., a subsidiary of Rabobank Group, announced Mechanics Bank and Rabobank Group have entered into a definitive agreement pursuant to which Mechanics Bank will acquire Rabobank, N.A. in a strategic business combination... Read Story
March 18, 2019, 07:30 AM

Chemical Financial Corporation and TCF Financial Corporation announced executive leadership appointments for the combined company.The appointments will become effective upon the closing of the merger of equals, which is anticipated to occur in the... Read Story
March 04, 2019, 07:30 AM

SunTrust Banks, Inc. and BB&T Corporation announced both companies' boards of directors have unanimously approved a definitive agreement to combine in an all-stock merger of equals valued at approximately $66 billion. The combined company will be the... Read Story
February 07, 2019, 07:30 AM

Chemical Financial Corporation and TCF Financial Corporation announced the signing of a definitive agreement under which the companies will combine in an all-stock merger of equals transaction. Under the terms of the agreement, which was unanimously... Read Story
January 28, 2019, 07:30 AM

Byline Bancorp, Inc., the holding company of Byline Bank, announced it has completed its acquisition of First Evanston Bancorp, Inc., the parent company of First Bank & Trust. As a result of the transaction, First Bank & Trust has merged into Byline... Read Story
June 08, 2018, 07:10 AM

Meta Financial Group, Inc., the holding company for its federally chartered savings bank subsidiary, MetaBank, and Crestmark Bancorp, Inc., the holding company for its Michigan state-chartered bank subsidiary, Crestmark Bank, announced the results of... Read Story
May 30, 2018, 07:15 AM

Fifth Third Bancorp and MB Financial, Inc. jointly announced the signing of a definitive merger agreement under which MB Financial will merge with Fifth Third in a transaction valued at approximately $4.7 billion. Approximately 90 percent of the... Read Story
May 21, 2018, 07:30 AM

The Home Depot announced a definitive agreement to purchase Compact Power Equipment, Inc., a leading national provider of equipment rental and maintenance services for $265 million in cash. The transaction is expected to close by the end of the... Read Story
July 07, 2017, 07:33 AM