First Union announced this morning that it is buying Wachovia Corp. and adopting its corporate identity. First Union Corp. will become Wachovia Corp., and First Union Securities will be renamed ...

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, ...

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 ...

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 ...