March 31, 1998
* San Rafael-based Children's Discovery Centers of America Inc. said it agreed to be acquired by closely held Knowledge Universe for as much as $99.1 million in cash, as Knowledge Universe expands its educational services to children from infancy through eighth grade. * San Francisco-based California Federal Bank said that it had signed an agreement to sell its Florida bank franchise to the Florida unit of Union Planters Corp. for $110 million.
September 9, 1998 |
The Justice Department said it cleared the $29-billion merger of Banc One Corp. with First Chicago NBD Corp. after the banks agreed to divest 39 branch offices in Indiana with total deposits of nearly $1.5 billion. The banks also offered to sell some middle-market commercial loan operations in Indiana, the Justice Department's antitrust division said. Union Planters Corp. agreed to acquire the assets in a deal expected to be completed in the first quarter of 1999.