Search Results for keywords:"mergers"

Found 27 results

Search Results: keywords:"mergers"

💰 Only
Oldest Newest
  • 2021-04160 — Formations of, Acquisitions by, and Mergers of Bank Holding Companies
    Type:Notice
    Citation:86 FR 12002
    Reading Time:about a minute or two

    The Federal Reserve System published a notice regarding applications from companies seeking approval to form, acquire, or merge bank holding companies. Two specific applications are highlighted: Eagle Financial Bancorp in Cincinnati, planning to become a bank holding company by acquiring EAGLE Bank, and Southern Bancorp, Inc. in Arkadelphia, aiming to merge with DeWitt First Bankshares Corporation to indirectly acquire Arkansas County Bank. The public can inspect these applications at the relevant Federal Reserve Banks and submit their comments by the end of March 2021.

    Simple Explanation

    The Federal Reserve System is looking at some companies that want to either take over or join banks. For example, a company called Eagle Financial Bancorp wants to buy a bank called EAGLE Bank, and Southern Bancorp, Inc. wants to merge with another company to get a different bank. People can share their thoughts about these changes before the end of March 2021.

  • 2021-02148 — Formations of, Acquisitions by, and Mergers of Bank Holding Companies
    Type:Notice
    Citation:86 FR 7869
    Reading Time:about a minute or two

    The Federal Reserve System has received applications from companies seeking approval to become bank holding companies or to acquire assets or control of existing banks or bank holding companies. These applications are made under the Bank Holding Company Act of 1956, along with Regulation Y and other relevant laws. The public portions of these applications can be inspected at specified Federal Reserve Bank locations or online. Interested parties may submit their views in writing by March 4, 2021, regarding the standards outlined in the Act, especially concerning an application from VeraBank, Inc., in Henderson, Texas, to acquire Panola National Bank in Carthage, Texas.

    Simple Explanation

    The Federal Reserve System has received applications from companies that want to become bank bosses or buy other banks, and people can send in their thoughts about one of these applications by March 4, 2021.

  • 2021-01690 — Formations of, Acquisitions by, and Mergers of Bank Holding Companies
    Type:Notice
    Citation:86 FR 7092
    Reading Time:about a minute or two

    The Federal Reserve System announced that several companies have applied for approval to become bank holding companies or to acquire control of banks or other bank holding companies, as per the Bank Holding Company Act of 1956. These applications, including one from St. Laurent Investments LLC to acquire People's Bank of Commerce in Oregon, are available for public inspection. Interested individuals can submit their comments by February 25, 2021. The applications can be reviewed at the respective Federal Reserve Banks and online for those seeking more information.

    Simple Explanation

    Some companies want to be in charge of banks or join up with other banks, and they asked for permission to do this. People can look at these requests and tell what they think until February 25, 2021.

  • 2021-00415 — Formations of, Acquisitions by, and Mergers of Bank Holding Companies
    Type:Notice
    Citation:86 FR 2416
    Reading Time:about a minute or two

    The Federal Reserve System has received applications from several companies seeking approval to become bank holding companies or to acquire control over existing banks or bank holding companies. The applications are filed under the Bank Holding Company Act of 1956 and adhere to applicable regulations. Public comments on these applications must be submitted by February 10, 2021. The applications can be inspected at specified Federal Reserve Banks or the Board of Governors' offices, with further access available through their Freedom of Information Office.

    Simple Explanation

    The Federal Reserve is looking at requests from some companies that want to create new banks or take over other banks. People have until February 10, 2021, to say what they think about these requests.

  • 2025-03380 — Formations of, Acquisitions by, and Mergers of Bank Holding Companies
    Type:Notice
    Citation:90 FR 11051
    Reading Time:about a minute or two

    The Federal Reserve System has announced a notice concerning several companies seeking approval to become bank holding companies or to acquire control of banks or bank holding companies. These applications are submitted under the Bank Holding Company Act and related regulations. The public can view the applications and related documents at specified Federal Reserve Banks and the Board of Governors' offices. Comments from the public are welcomed but must be submitted by April 2, 2025, and should not include any confidential information that shouldn't be publicly disclosed.

    Simple Explanation

    Some companies want to be bosses of banks, and they need permission to do that. The Federal Reserve is thinking about their requests, and people can say what they think until April 2, 2025.

  • 2021-04141 — Combined Notice of Filings #1
    Type:Notice
    Citation:86 FR 11992
    Reading Time:about 2 minutes

    The Federal Energy Regulatory Commission received various filings related to electric corporate and rate matters. These include requests for authorization for mergers, tariff revisions, and rate application supplements from companies like Altamont Winds LLC and Indiana Crossroads Wind Farm LLC. Interested parties are invited to submit comments or intervene by specific dates. Instructions for accessing the filings and participation procedures are provided on the Commission's website.

    Simple Explanation

    The government is looking at some plans from different companies that want to change the wires and prices for electricity, and people can tell the government what they think about these plans.

  • 2020-29205 — Formations of, Acquisitions by, and Mergers of Bank Holding Companies
    Type:Notice
    Citation:86 FR 539
    Reading Time:about a minute or two

    The Federal Reserve System announced that several companies have applied for approval to become bank holding companies or to acquire assets or control of banks or bank holding companies. Public portions of these applications are available for inspection at specific Federal Reserve Banks and online through the Federal Reserve's website. Interested individuals can submit their comments about these applications by February 5, 2021. One notable application involves PNC Financial Services Group, Inc. and PNC Bancorp, Inc. seeking to acquire BBVA USA Bancshares, Inc. and indirectly BBVA USA.

    Simple Explanation

    The Federal Reserve says some companies want to buy banks or become bank owners, and people can look at these plans online and share their thoughts by early February 2021. One big company, PNC, wants to buy another bank called BBVA USA.

  • 2021-00758 — Formations of, Acquisitions by, and Mergers of Bank Holding Companies
    Type:Notice
    Citation:86 FR 3153
    Reading Time:about a minute or two

    The Federal Reserve System has announced that certain companies are seeking approval to become bank holding companies or acquire control of existing banks or bank holding companies. These applications are available for public inspection at specified Federal Reserve Banks and online. Interested individuals can submit written comments on these applications, which must be received by February 16, 2021. One noteworthy application is from SBWY Financial Corporation in Evanston, Wyoming, to acquire State Bank in Green River, Wyoming.

    Simple Explanation

    Some companies want to become big bosses of banks, and they need permission from a group called the Federal Reserve System. People can look at these plans and say what they think, but they need to send their opinions before a special date in February.

  • 2020-29033 — Formations of, Acquisitions by, and Mergers of Bank Holding Companies
    Type:Notice
    Citation:86 FR 98
    Reading Time:about a minute or two

    The Federal Reserve System has received applications from certain companies to either form bank holding companies or acquire control of existing banks. These applications, submitted under the Bank Holding Company Act of 1956, are available for public viewing at specified Federal Reserve Banks and online. The public can submit comments on these applications by February 3, 2021. An example is St. Holdings, Inc. from Orlando, Florida, aiming to acquire shares of Rochelle State Bank in Georgia.

    Simple Explanation

    The Federal Reserve got some forms from companies who want to either start new banks or take over existing ones, and people can look at these forms and say what they think until February 3, 2021.

  • 2021-03183 — Granting of Requests for Early Termination of the Waiting Period Under the Premerger Notification Rules
    Type:Notice
    Citation:86 FR 10077
    Reading Time:less than a minute

    The Federal Trade Commission (FTC) issued a notice about granting requests for early termination of the waiting period required under premerger notification rules. This process is part of the FTC's oversight of company mergers to ensure they do not lessen market competition. The contact for more information is Theresa Kingsberry at the FTC's Premerger Notification Office.

    Simple Explanation

    The Federal Trade Commission (FTC) is letting some companies skip a waiting period when they're merging so they can team up faster, while still making sure they don't make things unfair for other businesses and customers. If someone wants to know more about this, they can talk to a person named Theresa Kingsberry.

123 Next