EverBank Financial to Acquire WaFd in $3.9B Reverse Merger Transaction

Florida-based EverBank Financial has agreed to acquire WaFd, a smaller ⁠bank in the Pacific Northwest, in a $3.9 billion reverse ​merger transaction, ​the ​companies said on Monday.

The deal would create a regional bank with some $75 ⁠billion ‌in assets, the Wall Street Journal ⁠reported earlier on Monday, citing a statement from the companies.

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