Bank Purchases
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- On Oct. 31, 2001, BankNorth acquired Andover Bancorp (Andover Bank) for $340,000,000.
- On Apr. 1, 2004, FleetBoston merged with Bank of America in a tax-free, stock-for-stock exchange.
- On Feb. 6, 2004, Sovereign Bankcorp acquired First Essex Bancorp (First Essex) for approximately $406,000,000 - cash and stock.
Source: Mergent Online
--Eleanor 10:53, March 15, 2006 (EST)
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