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Fifth Third Bank: Miscellaneous
built 194 days ago
"We are happy to announce that we have received approval on all applications we filed with bank regulatory agencies related to our purchase of R-G Crown," said Kevin T. Kabat, president and CEO of Fifth Third Bancorp. "We are excited to move forward on the integration."
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Terms of the agreement call for Fifth Third Bancorp to pay $31.00 per First Charter share, or $1.09 billion. Consideration would be paid in the form of 70% Fifth Third common stock and 30% cash.
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