Massachusetts banking giants to merge

March 1999
Bond Buyer;03/16/99, Vol. 327 Issue 30599, p2
Trade Publication
Reports on the plans of Massachusetts' banking giants, Fleet Financial Group and BankBoston to merge. New entity to be called Fleet Boston; Combined assets and customers; Regulatory approval still needed.


Related Articles

  • Boston megadeal seen as return to merger basics. Padgett, Tania // American Banker;3/17/1999, Vol. 164 Issue 51, p1 

    Reports on Fleet Financial Group's proposed acquisition of BankBoston Corp. Deal seen as a return to merger basics, that is, consolidation of market share and cutting of costs; Stock prices; Merger as a contrast to the string of market-expanding deals that dominated the United States banking...

  • Fleet Acquisition Should Bolster Leveraged Effort. Reinebach, Adam // Bank Loan Report;03/22/99, Vol. 14 Issue 12, p1 

    Informs that Fleet Financial Group has announced its acquisition of BankBoston Corp. Their market shares when it came to book-managed deals; Change in their shares; Effects of the bank merger.

  • Fleet, BankBoston to Pay $70M in Fees For Investment Bankers' Advice in Deal.  // American Banker;7/9/1999, Vol. 164 Issue 130, p3 

    Reports that Fleet Financial Group and BankBoston Corp. will pay $70 million in fees to the four investment banks advising on their multibillion dollars merger. Payment of the fees when the deal closes.

  • BankBoston is now Fleet.  // Hudson Valley Business Journal;11/08/99, Vol. 10 Issue 20, p18 

    Reports that Boston, Massachusetts-based BankBoston was acquired by Fleet Financial Group and changed its name to Fleet.

  • After merger, fleet chief predicts 'business as usual,' only bigger. Heaton, Kenneth // Bond Buyer;03/18/99, Vol. 327 Issue 30601, p27 

    Reports on the merger of Fleet Financial Group and BankBoston. Terms of agreement; Benefits from the merger; Nature of business of the two banks.

  • 'Fleet Boston' eyes becoming power in wholesale banking. Weidner, David // American Banker;3/17/1999, Vol. 164 Issue 51, p4 

    Reports on the capabilities of a merged BankBoston Corp. and Fleet Financial Group, according to executives at the United States banks. Building of Fleet Boston Corp. into a national corporate bank; Branding of new firm as a `wholesale banking powerhouse'; How bank would stack up in key...

  • Shareholders Approve Fleet-BankBoston Deal.  // American Banker;8/12/1999, Vol. 164 Issue 154, p32 

    Announces the merger of BankBoston Corporation and Fleet Financial Group. Effect of the merger on stock shares; Strategy to avoid antitrust restrictions.

  • Overlap in HY to cause layoffs.  // High Yield Report;03/22/99, Vol. 10 Issue 12, p11 

    No abstract available.

  • Fleet-BankBoston Beginning to Find Some Believers As Quarterly Earnings Come in Strong. PADGETT, TANIA // American Banker;08/02/99 Supplement, Vol. 164, p4A 

    Reports on the dissipation of doubts about the viability of the Fleet Financial Group Inc.-BankBoston Corp. merger after the two banks posted stronger-than-expected earnings for the second quarter of 1999. Performance of both companies' shares after the merger was announced; Challenges of...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics