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Boatmen's Bancshares Inc. was one of the 30 largest bank holding companies in the United States when it was acquired by NationsBank in 1996. Until its acquisition, Boatmen's traded on NASDAQ with the ticker BOAT.
Boatmen's Bancshares was created as the parent company for Boatmen's National Bank to act as the instrument through which the bank would expand into new regions and markets. Boatmen's Bancshares first expanded locally, purchasing four small suburban banks and a Springfield, Missouri mortgage banking company during the early 1970s.
Company profile page for Boatmen's Bancshares Inc including stock price, company news, executives, board members, and contact information.
Oct 2, 1996 · Yet Nationsbank agreed to spend $9.5 billion, the third-highest price ever offered for a bank, to acquire Boatmen's Bancshares, a healthy but otherwise unremarkable agglomeration of Midwestern...
Aug 30, 1996 · NationsBank Corp., in a move that could create a financial giant that stretches from Maryland to New Mexico, agreed to acquire Boatmen's Bancshares Inc. in a transaction valued at about $9.5...
Dec 17, 1996 · NationsBank Corp. won Federal Reserve Board approval Monday to acquire Boatmen's Bancshares. Shareholders are expected to vote on the $9.6 billion deal Friday. Once the merger is completed, NationsBank will hold $233 billion in assets and serve 13 million customers from 2,600 branches and 5,000 ATMs in 16 states.
Boatmen's Bancshares Inc. was one of the 30 largest bank holding companies in the United States when it was acquired by NationsBank in 1996.
