|
|
Article: KEYCORP TO ACQUIRE PUGET SOUND BANCORP OF TACOMA, WASH.
- Article from:
- PR Newswire
- Article date:
- March 9, 1992
CopyrightCOPYRIGHT 1992 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
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, ...