Acquisition History / First Fidelity Bank / Atlantic Financial

First Fidelity Bank Acquires Atlantic Financial

Announced January 1991 — $991M

First Fidelity Bank1991

What happened

Atlantic Financial was a company, acquired by First Fidelity Bank for $991 million.

Acquirer
First Fidelity Bank
Target
Atlantic Financial
Announced
January 1991
Price
$991M
Buyer type
Strategic acquirer
Status
Closed

By the numbers

First Fidelity Bank's acquisition history
2nd of 2 tracked deals
Disclosed prices
2 of 2 First Fidelity Bank deals
First Fidelity Bank's average disclosed price
$1.17B
First Fidelity Bank's largest disclosed deal
The Fidelity Bank (Fidelcor) ($1.34B)
Tracked acquisitions in 1991
11 across all acquirers

Frequently Asked Questions About This Acquisition

When did First Fidelity Bank acquire Atlantic Financial?

First Fidelity Bank acquired Atlantic Financial on January 1991. This was First Fidelity Bank's 2nd publicly tracked acquisition out of 2 we have on record.

How much did First Fidelity Bank pay for Atlantic Financial?

First Fidelity Bank paid $991M for Atlantic Financial.

What does Atlantic Financial do?

Atlantic Financial was a company, acquired by First Fidelity Bank for $991 million.

Read the full article →

More First Fidelity Bank acquisitions

See all 2 First Fidelity Bank acquisitions →