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1997 Bankers Trust: Alex. Brown & Sons: Bankers Trust (BT Alex. Brown & Sons) 1997 Swiss Bank Corporation: Dillon, Read & Co. Swiss Bank Corporation (Warburg Dillon Read) 1997 Travelers Group: Salomon Brothers: Travelers Group (Salomon Smith Barney) 1997 Dean Witter Discover & Co. Morgan Stanley: Morgan Stanley Dean Witter: 1998 Union Bank of ...
1997 NationsBank Corp. Boatmen's Bancshares: NationsBank Corp. $9.6 billion Bank of America: 1997 Washington Mutual: Great Western Financial CorporationGreat Western Bank: Washington Mutual: $6.8 billion JPMorgan Chase: 1997 First Union Corporation: Signet Banking Corporation First Union Corporation: Wells Fargo: 1997 National City Corp. First ...
HFS and CUC combined in a "merger of equals" on December 18, 1997, to form Cendant Corporation. [ 26 ] [ 27 ] As part of the merger, Silverman announced he would reduce his day-to-day involvement with the company and assume the company's chairmanship in preference of CUC's founder and CEO Walter Forbes .
On December 31, 1997, Microsoft acquired Hotmail.com for $500 million (~$882 million in 2023), its largest acquisition at the time, and integrated Hotmail into its MSN group of services. [3] Hotmail, a free webmail service founded in 1996 by Jack Smith and Sabeer Bhatia , [ 4 ] had more than 8.5 million subscribers earlier that month.
Target company Date of sale Price of sale References Young Broadcasting: KCAL-TV: May 14, 1996 385,000,000 [42] Rural Press: Farm Progress: July 1, 1997 [43] Advance Publications: Fairchild Publications: August 20, 1999 650,000,000 [44] Andy Heyward Bain Capital Chase Capital Partners: DIC Entertainment: November 25, 2000 [45] [46] The ...
Date. Acquiring bank. Acquired bank. Purchase price. Sept. 30, 1998. Bank of America. NationsBank. $62 billion. July 1, 2004. J.P. Morgan Chase. Bank One. $58 billion
This is a list of mergers and acquisitions by German ... Acquisitions (1991–now): [1] Acquisition number Acquired company Acquisition date ... 1997: Sales force ...