Acquisition History / Citizens & Southern National Bank / Sovran Financial Corporation
Citizens & Southern National Bank Acquires Sovran Financial Corporation
Announced January 1990 — $4.70B
What happened
Sovran Financial Corporation was a company, acquired by Citizens & Southern National Bank for $4.7 billion.
- Target
- Sovran Financial Corporation
- Announced
- January 1990
- Price
- $4.70B
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Citizens & Southern National Bank acquire Sovran Financial Corporation?
Citizens & Southern National Bank acquired Sovran Financial Corporation on January 1990. This was Citizens & Southern National Bank's 1st publicly tracked acquisition out of 1 we have on record.
How much did Citizens & Southern National Bank pay for Sovran Financial Corporation?
Citizens & Southern National Bank paid $4.70B for Sovran Financial Corporation.
What does Sovran Financial Corporation do?
Sovran Financial Corporation was a company, acquired by Citizens & Southern National Bank for $4.7 billion.