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Trading Report for (MET). A detailed report, including free correlated market analysis, and updates.
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$127.00
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Provider: ValuEngine, Inc.
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$127.00
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EverBank Financial Corp Acquires MetLife, Inc.'s MetLife Bank's Warehouse Finance Business
EverBank Financial Corp announced that it has reached an agreement to acquire MetLife Bank's Warehouse Finance business. Financial terms of the transaction were not disclosed. The acquisition, which is expected to close in the first half of 2012. The acquisition has been approved by both parties' Boards of Directors and remains subject to regulatory approvals. EverBank was advised by the law firms of Alston & Bird LLP and BuckleySandler LLP and the investment banking firm of Goldman, Sachs & Co. MetLife was advised by K&L Gates LLP and Deutsche Bank Securities Inc.
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