Wednesday, February 10, 2016

The Governor Weighs In

Albany Business Review just reported that Governor Andrew Cuomo has written a letter to federal officials asking them to block the merger of First Niagara and KeyCorp: "Cuomo on First Niagara-KeyCorp merger: 'Blocking this deal is the right thing to do.'"

Albany Business Review also reports that "First Niagara warned shareholders in its annual report that the uncertainty surrounding its $4.1 billion merger with KeyCorp could have an adverse effect on the bank's business."

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