Archive | August 12, 2008

Mitsubishi UFJ Overpaying for UnionBanCal

By on August 12, 2008 in M&A, Shareholder Value

This is not a bad deal, at all, for existing (non-MUFG) UnionBanCal [[UB]] shareholders: a decent premium pushing the stock to a new 52wk high, amidst ongoing market woes, and not to mention UB’s last quote of $65+, which is above the $63 bid by Mitsubishi UFJ Financial Group [[MTU]]. Now, as for MUFG shareholders, [...]

Read full story • Comments { 1 }