Banknorth Group Inc. (Mergers & Acquisitions).
Banknorth Group Inc., a New England bank holding company, agreed to
acquire American Financial Holdings Inc., parent of American Savings
Bank and American Bank of Connecticut Banknorth, based in Portland,
Maine, is a $21.3 billion banking and financial services holding
company. American Financial has 34 branches in central Connecticut.
COPYRIGHT 2003 Bank Marketing Assn.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003 Gale, Cengage Learning. All rights reserved.
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