Merger - Regions and Union Planters

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Their net charge offs for the average loans in 2003 was .89% (2004, para. 5). Regions Financial Corporation before the merger was a 48.6 billion dollar holding company. Regions Financial operates 680 offices across the south. They also own Morgan Keegan, a brokerage subsidiary, which has 140 offices...
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Morgan Keegan is headquartered in Memphis, Tennessee and will remain in Memphis. Regions' is a member of Forbes and Fortune 500 (Morgan, 1/23/04, para. 17). Regions revenues also declined 8.44% from 2002 to 2003. Their net income increase 5.15% between 2003 and 2004...
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