FDIC Approves Merger Between Central Trust Bank and Fulton Savings Bank, FSB.FULTON, Mo.--(BUSINESS WIRE)--Nov. 9, 1999-- Fulton Bancorp, Inc. (Nasdaq: FTNB FTNB First Texoma National Bank (Texas/Oklahoma) ) today announced that on November 8, 1999, the FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). approved the merger of Fulton Savings Bank, FSB with and into The Central Trust Bank. The FDIC's approval was the last regulatory approval necessary to consummate the merger between Fulton Bancorp, Inc. and Central Bancompany, Inc. The United States Department of Justice “Justice Department” redirects here. For other uses, see Department of Justice. The United States Department of Justice (DOJ) is a Cabinet department in the United States government designed to enforce the law and defend the interests of the United States has 15 days during which it may file objections to the merger under the federal antitrust laws. Under the merger's terms, each share of Fulton common stock will be exchanged for $19.15 in cash. Fulton's stockholders overwhelmingly approved the Agreement and Plan of Merger at a Special Meeting of Stockholders held on September 14, 1999. The merger is expected to close in mid-December, 1999. For further information contact: Kermit D. Gohring President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Fulton Bancorp, Inc. 573/642-6618 |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion