Hibernia undertakes hostile takeover of Delta Bank & Trust

McClain, Randy
June 1995
New Orleans CityBusiness (1994 to 2008);6/19/95, Vol. 15 Issue 50, p9
Reports on the takeover bid by Hibernia Corp. to buy Delta Bank & Trust. Request made by Hibernia Corp. for Delta Bank shareholders to out-vote the board; Purchase options for Hibernia granted by the shareholders; Impact of the transaction on Hibernia's business status.


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