Capital One Buyout of Louisiana Bank Clears Final Hurdle

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00020367-capital-one-buyout-of-louisiana-bank-clea/

By Barton Eckert, Business Journals

Capital One Financial is a step closer to closing on its purchase of Louisiana’s Hibernia Corp.

The shareholders of New Orleans-based Hibernia voted to approve a renegotiated price of $5 billion, which is 7.6 percent lower than the agreed amount before Hurricane Katrina hit the Gulf Coast.

For this complete story, please visit Capital One Buyout of Louisiana Bank Clears Final Hurdle.

Capital One Buyout of Louisiana Bank Clears Final Hurdle

Unknown Author

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