EverBank to combine with WaFd to create $75 billion bank, WSJ reports
WAFD•WaFd and EverBank reach reverse merger deal
Florida-based EverBank Financial has reached a deal to pursue a reverse merger with WaFd, a smaller bank in the Pacific Northwest, the Wall Street Journal reported on Monday citing a statement from the companies.
The deal would create a regional bank with some $75 billion in assets, the report added.
Reuters could not immediately verify the report
Reuters could not immediately verify the report.
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