NationsBank to Buy Boatmen's for 9.5 Billion in Merger
NationsBank Corp. agreed to acquire Boatmen's Bancshares Inc. for about 9.5 billion, creating a 230 billion dollar assets bank and expanding its reach to 16 states. Boatmen's, based in St Louis, would add 60.27 per share to Boatmen's holders, with stock-heavy payments possible. Andrew B. Craig will chair NationsBank. Hugh McColl becomes CEO of the merged company.
MENTIONED IN THIS ARTICLE
ST. Louis
NationsBank Corp
Boatmen’s Bancshares Inc
U.S
NationsBank
Midwest
Boatmen’s
Hugh McColl
Michael Ancell
Edward Jones
Charlotte
N.C
Washington, D.C
Chase Manhattan Corp
Citicorp
BankAmerica Corp
J.P. Morgan & Co
General Motors Corp
At&t Corp
Andrew B. Craig Dl
Shulman
Frederick County Council Meeting At Ceresville Mansion
The Estate Planning Council of Frederick County will meet at 6 p.m. Thursday Sept 5 at the Ceresville Mansion. Lynn Wintriss of Mercantile Safe Deposit and Trust Co. Baltimore will speak on charitable giving. Reservations via Ray Mancini Jr. at 694-4062.
MENTIONED IN THIS ARTICLE
Frederick County
Ceresville Mansion
Lynn Wintriss
Mercantile Safe Deposit and Trust Co
Baltimore
Ray Mancini Jr
Keedysville van operator honored runner-up nationally
Michael Crim of Keedysville a moving van operator with Ramar Moving Systems Frederick was named runner-up Van Operator of the Year by United Van Lines He also was Driver of the Month in February competing against 5 000 operators in areas such as quality service claims safety customer relations and operational commitment Howard Levine president of Ramar Moving Systems presented Crim with a United Van Lines check for the award.
MENTIONED IN THIS ARTICLE
Michael Crim
Keedysville
Ramar Moving Systems
Frederick
United van Lines
Mr. Crim
Howard Levine
Crim
Dow drops as inflation worries spook markets
The Dow fell 31.44 points to 5616.21 as inflation and higher rates unsettled investors. Volume was light at 25.94 million with declines outpacing advances about 9 to 5 on the NYSE. The S P 500 slid to 651.99 and the Nasdaq 1142.08 as bond yields rose and cautious trading ahead of August data weighed on stocks.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Fed
Alfred Goldman
A.G. Edwards & Sons Inc
St. Louis
Mr. Goldman
David Shulman
Salomon Brothers Inc
Chase Manhattan Corp
Centex Corp
Sallie Mae
Student Loan Marketing Association
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Wells Fargo
Council
D.U.I
Maryland
Pennsylvania
West Virginia
Arthur W. Boyce
West
Patrick Street
Frederick, Mid
Ed Waters Jr
Patrick
Mid-America Trust Associates
Frederick News4
Scottsdale Securities Inc
Fatual Fonda
Scottsdale
Mutual Funds
Oil & Gas Report
Scottsdale Securities, Inc
Discount Stock Brokers
Executive Blvd
Rockville
Schwab
Quick & Realy
Fidelity
Waterhouse
Sheen
FTG
Dow Jones Ind
AllgPwr
Alpha Ind
unehae Altimax +s
Avemco
Balt GE
Crestar
The
Crown Amer Les
Exxon Meth
Fcnb Corp
Ysan
Asx
F&m Bancorp
ASK
First United
Fe Giant Foods
GTE Corp
IBM
Kmart
Life Tech
Eee
Lockheed
Fs Marriott
Mercantile Bakshr
Fe Nations Bank
Mvryan
Jcpenney
Pepsico Potem el
the Sears
Ya Weis
Dow
Eli Lilly
PacifiCare
Py Ask Byerly Eec
Berger Y Add
Silver Spring
First General
FCN. Ia
FDIC
Bonenip
Adi L
Prim Ins Residen Uy Hole Property Vtisur
Newspaprol Rihive