Combined valuation pegged at $1.25 trillion
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Fifth Third Bancorp said Monday it has completed its merger with Comerica Inc., creating the nation’s ninth-largest bank. In the fall, Cincinnati-based Fifth Third had agreed to acquire Detroit-founded Comerica in an all-stock deal valued at $10.9 billion. The merger creates a bank with about $294 billion in assets, officials said.
Elon University recently hired Jeff Stein as the merger's "Chief Integration Officer." A couple of weeks into his role, Stein spoke with WUNC Higher Education Reporter Brianna Atkinson about what happens now. This conversation has been edited for brevity and clarity.
Call them the “menses horribiles.” They’ve not been kind to the desired wedlock of Union Pacific (UP) and Norfolk Southern (NS), and worse for UP CEO Jim
Devon Energy (“Devon”) (NYSE: DVN) and Coterra Energy (“Coterra”) (NYSE: CTRA) today announced the signing of a definitive agreement to merge in an all-stock transaction. The combination will create a leading large-cap shale operator with a high-quality asset base anchored by a premier position in the economic core of the Delaware Basin.