Fifth Third buys Comerica in nearly $11B deal

Fifth Third and Comerica announced on Monday that they have signed a definitive merger agreement in an all-stock transaction valued at $10.9 billion, creating the nation’s ninth-largest bank with approximately $288 billion in assets. Comerica’s website detailed that shareholders will receive 1.8663 Fifth Third shares for each Comerica share, valuing the deal at $82.88 per […]

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