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Article: Sovereign shareholders approve Banco Santander deal.

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Global Banking News (GBN)
Article date:
January 30, 2009
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Global Banking News-30 January 2009-Sovereign shareholders approve Banco Santander deal(C)2009 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 30 January 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

The shareholders of Sovereign Bancorp (NYSE: SOV) have approved the transaction under which Banco Santander (MAD: SAN) (NYSE: STD) will acquire all of the outstanding Sovereign common stock not currently owned by Banco Santander, BBR has reported.

Under the terms of the definitive transaction agreement, shareholders of Sovereign will receive 0.32 Banco Santander American ...

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