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UMB Financial Corporation Announces Agreement to Acquire El Dorado Savings Bank in Transaction Valued at Approximately $506 million

Source: Nasdaq

M&A & RestructuringBanking & Liquidity

UMB Financial agreed to acquire El Dorado Savings Bank in a transaction valued at approximately $506 million, comprising 52% cash and 48% stock. El Dorado, founded in 1958 and headquartered in Placerville, California, has $2.4 billion in assets; the article text is truncated before further financial details.

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