WaFd to pursue reverse merger with EverBank Financial
WaFd, Inc. said it will pursue a reverse merger with EverBank Financial to form a roughly $75 billion regional bank, including hiring Brent J. Beardall and a continuity payment to Kim E. Robison; DA Davidson trimmed WAFD’s price target to $37 while keeping a Neutral rating.
This is a real-time flash headline. A verified provider body is not available, so SquawkNews does not present it as a full article.