The $52.4-million acquisition by Great Western Financial...
The $52.4-million acquisition by Great Western Financial of Beverly Hills of Great Western Savings Bank of Bellevue, Wash., was approved by shareholders of the Washington bank. The deal calls for Great Western Financial to pay $19.80 a share for the 2.6 million outstanding shares of the common stock of Great Western Savings, which has assets of about $750 million and operates 19 branch banks and five real estate loan offices in Washington. Great Western Financial has assets exceeding $28 billion.
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