Acquisition History / Golden State Bancorp / California Federal Bank
Golden State Bancorp Acquires California Federal Bank
Announced January 1998 — $2.50B
What happened
California Federal Bank was a company, acquired by Golden State Bancorp for $2.5 billion.
- Acquirer
- Golden State Bancorp
- Target
- California Federal Bank
- Announced
- January 1998
- Price
- $2.50B
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Golden State Bancorp acquire California Federal Bank?
Golden State Bancorp acquired California Federal Bank on January 1998. This was Golden State Bancorp's 1st publicly tracked acquisition out of 1 we have on record.
How much did Golden State Bancorp pay for California Federal Bank?
Golden State Bancorp paid $2.50B for California Federal Bank.
What does California Federal Bank do?
California Federal Bank was a company, acquired by Golden State Bancorp for $2.5 billion.