Fifth Third Bancorp is buying Comerica for $10.9 billion in tie-up of regional banks
Fifth Third Bancorp’s acquisition of Comerica, an all-stock deal valued at $10.9 billion, is set to create the 9th largest U.S. bank with approximately $288 billion in assets. Under the transaction, Comerica stockholders will receive 1.8663 Fifth Third shares for each Comerica share they own.
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