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Rating:Deal Talks are 'Dead' Between a Fund Firm's Parent
and a Spanish Bank

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Monday, September 27, 2010

Deal Talks are 'Dead' Between a Fund Firm's Parent and a Spanish Bank

News summary by MFWire's editors

Chances of MTB Group of Funds' parent, M&T Bank, being acquired by Banco Santander dimmed last week.

Negotiations between Banco Santander and Buffalo, New York-based M&T Bank have "stalled again in recent days," the Wall Street Journal reported Monday, with some anonymous sources proclaiming the talks "dead."  

Edited by: Armie Margaret Lee


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