Merger - Regions And Union Planters

Merger - Regions and compact Planters Merger of Union Planters kitty and Regions pecuniary batch On Friday, January 23, 2004 Union Planters Corporation and Regions Financial Corporation announced they would merge. This will create the twelfth largest holding due south in the United States. This merger was deemed the merger of equals (Hillard, 1/26/2004, para. 2). The stockholders of both companies overwhelming voted for the merger on June 8, 2004 (Morgan, 6/17/2004, para. 2). On June 17, 2004 the merger received approval from the Federal Reserve, the expansion of the governmental approvals needed (Morgan, 6/17/2004, para. 1).

The merger sound date was July 1, 2004, when the Union Planters stock symbol ceased to exist (Morgan, 6/17/2004, para. 5). Union Planters Corporation was a 31.5 billion vaulting horse bill holding company. They were the largest holding company headquartered in Tennessee and unrivaled of the largest 30 in the United States (Morgan, 6/17/2005, para. 10). Union P...If you pauperization to get a full essay, order it on our website: OrderCustomPaper.com

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