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Fifth Third, Comerica Combine To Form Ninth-Largest US Bank
Yahoo Finance·2025-10-06 19:33

Comerica Incorporated (NYSE:CMA) shares are trading higher premarket on Monday after Fifth Third Bancorp (NASDAQ:FITB) agreed to merge with the company in an all-stock deal valued at 10.9billion.Aspertheterms,Comericashareholderswillreceive1.8663FifthThirdsharesforeachComericashare.Theofferpriceisequivalentto10.9 billion. As per the terms, Comerica shareholders will receive 1.8663 Fifth Third shares for each Comerica share. The offer price is equivalent to 82.88 per share based on Fifth Third’s October 3, 2025, closing price and represents a 20% premium to Comerica’s 10-day volume-weighted average. The combined entity will ope ...