Article: UNION PLANTERS TO ACQUIRE LEADER FEDERAL.

MEMPHIS, Tenn.--(BUSINESS WIRE)--March 8, 1996--Union Planters Corporation (NYSE:UPC), the $11.3 billion asset Memphis-based bank holding company and Leader Financial Corporation (NASDAQ:LFCT), the $3.1 billion asset parent company of Leader Federal Bank announced today they have agreed to merge in a transaction that would create Tennessee's largest bank holding company.

The announcement was made jointly by Benjamin W. Rawlins, Jr., Chairman and CEO of Union Planters and Edgar H. Bailey, Chairman and CEO of Leader Financial. The definitive agreement calls for Union Planters to acquire all of the outstanding stock of Leader Financial in a transaction valued at ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!