Senin, 01 November 2010

Wilmington Trust Corp

Wilmington Trust Corp., the Delaware bank founded by the du Pont family and undermined by souring loans, agreed to sell itself to M&T Bank Corp. for $351 million in stock, or about half its market value last week.The deal is "the best option for our shareholders, as well as our clients and the employees," according to a Business Wire statement today from Wilmington, which is based in the Delaware

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