Fifth Third Bancorp announces merger agreement with Comerica

Reuters
Oct 09
<a href="https://laohu8.com/S/FITBO">Fifth Third Bancorp</a> announces merger agreement with Comerica

Fifth Third Bancorp has entered into an agreement to acquire Comerica Incorporated. Under the terms of the agreement, Comerica will merge with Comerica Holdings Incorporated, a wholly owned subsidiary of Comerica, and Fifth Third Financial Corporation, a wholly owned subsidiary of Fifth Third. The deal includes customary conditions such as approvals from both companies' shareholders, regulatory clearances, and the listing of new Fifth Third common and preferred shares on the Nasdaq Stock Market. The companies have also agreed to certain business conduct and non-solicitation obligations while working towards completing the transaction.

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