Acquisition History / NBD Bancorp / State National Corporation

NBD Bancorp Acquires State National Corporation

Announced January 1987 — $103M

NBD Bancorp1987

What happened

State National Corporation was a company, acquired by NBD Bancorp for $103 million.

Acquirer
NBD Bancorp
Target
State National Corporation
Announced
January 1987
Price
$103M
Buyer type
Strategic acquirer
Status
Closed

By the numbers

NBD Bancorp's acquisition history
6th of 15 tracked deals
Disclosed prices
15 of 15 NBD Bancorp deals
NBD Bancorp's average disclosed price
$525.2M
NBD Bancorp's largest disclosed deal
First Chicago Bank ($5.30B)
Tracked acquisitions in 1987
9 across all acquirers

Frequently Asked Questions About This Acquisition

When did NBD Bancorp acquire State National Corporation?

NBD Bancorp acquired State National Corporation on January 1987. This was NBD Bancorp's 6th publicly tracked acquisition out of 15 we have on record.

How much did NBD Bancorp pay for State National Corporation?

NBD Bancorp paid $103M for State National Corporation.

What does State National Corporation do?

State National Corporation was a company, acquired by NBD Bancorp for $103 million.

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