Providian Shareholders Ok Washington Mutual Takeover
Deseret News (Salt Lake City) › September 01, 2005
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Summary
SAN FRANCISCO (AP) -- Providian Financial Corp.'s shareholders on Wednesday accepted Washington Mutual Inc.'s $6.5 billion takeover bid, brushing aside concerns that one of the nation's last independent credit-card lenders could have been sold for a higher price.
A total of 197.5 million Providian shares, or 67 percent of the common stock outstanding, supported the deal, clearing the way for Washington Mutual to complete the acquisition Oct. 1.See the full content of this document
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Providian Shareholders Ok Washington Mutual Takeover
San Francisco-based Providian announced the ...
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