WaFd to merge with EverBank in all-stock deal
WaFd announced an all-stock merger with EverBank. On a fully diluted basis, former EverBank holders will own about 59.175% and WaFd holders about 40.825%. WaFd estimates issuing roughly 107.7 million fully diluted shares at closing.
WaFd announced an all-stock merger with EverBank that will leave former EverBank holders with approximately 59.175% of the combined company and WaFd holders with about 40.825% on a fully diluted basis. WaFd estimates issuing roughly 107.7 million fully diluted shares at closing. The transaction inc…