Acquisition History / First Fidelity Bank / The Fidelity Bank (Fidelcor)

First Fidelity Bank Acquires The Fidelity Bank (Fidelcor)

Announced January 1987 — $1.34B

First Fidelity Bank1987

What happened

The Fidelity Bank (Fidelcor) was a company, acquired by First Fidelity Bank for $1.34 billion; largest ever at the time.

Acquirer
First Fidelity Bank
Target
The Fidelity Bank (Fidelcor)
Announced
January 1987
Price
$1.34B
Buyer type
Strategic acquirer
Status
Closed

By the numbers

First Fidelity Bank's acquisition history
1st 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 1987
9 across all acquirers

Frequently Asked Questions About This Acquisition

When did First Fidelity Bank acquire The Fidelity Bank (Fidelcor)?

First Fidelity Bank acquired The Fidelity Bank (Fidelcor) on January 1987. This was First Fidelity Bank's 1st publicly tracked acquisition out of 2 we have on record.

How much did First Fidelity Bank pay for The Fidelity Bank (Fidelcor)?

First Fidelity Bank paid $1.34B for The Fidelity Bank (Fidelcor).

What does The Fidelity Bank (Fidelcor) do?

The Fidelity Bank (Fidelcor) was a company, acquired by First Fidelity Bank for $1.34 billion; largest ever at the time.

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More First Fidelity Bank acquisitions

See all 2 First Fidelity Bank acquisitions →