Transactions
Mar. 7, 2000
Bigger-Money Merger for Bigger-Money Companies
Howard Rice BIGGER-MONEY MERGER FOR BIGGER-MONEY COMPANIES In an agreement valued at $2.7 billion, San Francisco's Charles Schwab Corp. has acquired New York's U.S. Trust Corp. Under the terms of the transaction, Schwab will swap 3.427 shares of its stock for each share of U.S. Trust Stock. Both companies will keep their own brand names but will operate as one business.
Howard Rice
BIGGER-MONEY MERGER FOR
BIGGER-MONEY COMPANIES
In an agreement valued at $2.7 billion, San Francisco's Charles Schwab Corp. has acquired New York's U.S. Trust Corp. Under the terms of the transaction, Schwab will swap 3.427 shares of its stock for each share of U.S. Trust Stock. Both companies will keep their ...
BIGGER-MONEY MERGER FOR
BIGGER-MONEY COMPANIES
In an agreement valued at $2.7 billion, San Francisco's Charles Schwab Corp. has acquired New York's U.S. Trust Corp. Under the terms of the transaction, Schwab will swap 3.427 shares of its stock for each share of U.S. Trust Stock. Both companies will keep their ...
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