- Huntington Bancshares (HBAN -1.4%) continues to boost its Michigan presence with an agreement to buy 13 Bank of America (BAC -0.3%) branches which follows a recent deal for the purchase of another 11 branches in the state.
- The 13 branches bring with them about $500M in deposits (no loans), and the deposit premium is 3.5%.
- Source: Press Release
From other sites
Cash Dividend On The Way From Huntington Bancshares Series A Non-Cumulative Perpetual Convertible Preferred Stockat Nasdaq.com (Mar 26, 2015)
at 4-traders.com (Mar 24, 2015)
at Nasdaq.com (Mar 13, 2015)
at Nasdaq.com (Feb 13, 2015)
at CNBC.com (Dec 31, 2014)
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