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Chemical, Chase Manhattan to merge in $10 billion deal

Article Abstract:

The $10 billion stock-swap merger between Chemical Banking Corp and Chase Manhattan Corp will create the largest bank in the US, with assets of around $297 billion. It will be called Chase Manhattan. The merger, announced on Aug 28, 1995, is expected to result in job cuts and branch closures.

Publisher: Facts on File, Inc.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1995

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News in brief

Article Abstract:

Conseco Inc announced on Mar 12, 1996, that it plans to acquire Life Partners Group Inc for $600 million. Other corporations discussed include Abbott laboratories, Medisense Inc, Hayes Wheels International Inc, Medaphis Corp, Melville Corp and Stroh Brewery Co.

Publisher: Facts on File, Inc.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1996
Finance, CNC, Conseco Inc., Life Partners Group Inc., LPG

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News in brief

Article Abstract:

Purchase prices for acquisitions and mergers of several companies are given. The purchases were announced in Nov 1995 and Dec 1995, and involve large and small companies. Many of the acquisitions are a result of restructuring.

Publisher: Facts on File, Inc.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1995
Analysis, Computer industry, Compaq Computer Corp., CPQ, Radio broadcasting industry, Joint ventures, Furniture industry, Armstrong World Industries Inc., Masco Corp., ACK, MAS, Home furnishings industry, ISS, SFXBA, Baked goods industry, Keebler Co., FLO, Cookie industry, Sherwin-Williams Co., SHW, Interco Inc., Paint industry, Aon Corp., AOC, General Electric Capital Corp., Flowers Foods Inc., United Biscuits (Holdings) PLC, NetWorth Inc., NWTH, Morgan Stanley Capital Partners III L.P., SFX Broadcasting Inc., Liberty Broadcasting Inc., Inflo Holdings, INVUS Group Ltd., Pratt and Lambert United Inc., Union Fidelity Life Insurance Co., ALANTEC Corp., FORE Systems Inc., PLU, ALTC, FORE

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Subjects list: Banking industry, Mergers, acquisitions and divestments, Chase Manhattan Corp., CMB, Chemical Banking Corp., CHL, Insurance industry, Acquisitions and mergers
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