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Article: Acquisition of Union Trust Co. of Wildwood, New Jersey, by Midlantic Banks approved.
- Article from:
- PR Newswire
- Article date:
- March 28, 1984
CopyrightCOPYRIGHT 1984 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)
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EDISON, N.J., March 28 /PRNewswire/ -- The Federal Reserve Bank of New York, acting under delegated authority from the board of governors of the Federal Reserve System, has orally advised Midlantic Banks Inc. that it has approved the acquisition of Union Trust Company of Wildwood, N.J., by Midlantic Banks Inc., according to an announcement today by Robert Van Buren, Midlantic's chairman and chief executive officer, and Charles J. Sansone, president of Union.
Shareholders of Union are scheduled to vote upon the merger at their annual meeting scheduled for April 26, 1984, to be held at the main office of the bank, located at 3600 Pacific Avenue, Wildwood, N.J. The ...