First Union is offering two of its shares for each share of Wachovia, which would value Wachovia at about $63.84 a share a premium of only 6 percent over Thursday s closing price of $60.20. On Monday, ...

Linking the fall of Wachovia to challenges it faced eight years ago may be considered revisionist history by some Wachovia officials, but there are similarities between today's banking environment and ...

First Union Securities, which has several investment brokerage offices in Middle Tennessee, is changing its name to Wachovia Securities, NashvillePost.com has learned. First Union’s parent merged with ...

First Union Corp. is buying North Carolina rival Wachovia Corp. for about $13.1 billion in stock in a deal that would create the nation's fourth biggest banking company. Executives of the banks said ...

Wachovia's run as an independent bank appears to be over, 129 years after it was founded in Winston-Salem. Citigroup Inc. is buying Wachovia, the nation's fourth-largest bank, for $2.2 billion in ...