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COMERICA INCORPORATED AND MANUFACTURERS NATIONAL CORPORATION COMMENT ON U.S. DEPARTMENT OF JUSTICE DECISION

COMERICA INCORPORATED AND MANUFACTURERS NATIONAL CORPORATION COMMENT ON
 U.S. DEPARTMENT OF JUSTICE DECISION
 DETROIT, April 9 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) and Manufacturers National Corporation (NASDAQ-NMS: MNTL) today announced the U.S. Department of Justice has informed the Federal Reserve Board that the merger of the two corporations "would not have a significantly adverse effect on competition."
 "This confirms our belief that divestiture would not be a requirement in our merger," said Gerald V. MacDonald, chairman-designate of the new Comerica.
 The corporations received shareholder approval of the merger March 6 and await approval from federal and state regulatory agencies.
 -0- 4/9/92
 /CONTACT: David O. Taylor of Comerica, Incorporated, 313-222-3384; or Sharon R. McMurray of Manufacturers National Corporation, 313-222-4881/
 (CMA MNTL) CO: Comerica, Incorporated; Manufacturers National Corporation ST: Michigan IN: FIN SU: TNM


KK -- DE008 -- 6658 04/09/92 10:06 EDT
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Publication:PR Newswire
Date:Apr 9, 1992
Words:144
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