Article: KEYCORP TO ACQUIRE PUGET SOUND BANCORP OF TACOMA, WASH.

 
KEYCORP TO ACQUIRE PUGET SOUND BANCORP OF TACOMA, WASH. 
ALBANY, N.Y., March 9 /PRNewswire/ -- Victor J. Riley, Jr., 

chairman, president and chief executive officer of KeyCorp (NYSE: KEY), and W.W. Philip, chairman and chief executive officer of Puget Sound Bancorp (NASDAQ: PSNB), announced today the signing of a definitive agreement for KeyCorp to acquire Puget Sound Bancorp. Consummation of the transaction is subject to approval by the shareholders of both Puget Sound Bancorp and KeyCorp as well as the appropriate regulatory authorities. Closing of the acquisition is anticipated in the last half of 1992.

 
Under the terms of the agreement, ...

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