Lawsuit aims to stop Utah bank merger
A lawsuit was to be filed yesterday by six individuals and businesses in
Utah to stop the proposed merger between First Security Corp. and Zions
Bancorp, Utah's two largest bank holding companies, both of which have
strong Mormon roots. Zions Bancorp is the successor to an LDS Church
owned bank established by Brigham Young in the 1800s and First Security
was founded by LDS Church member David Eccles in the later 1800s.
|
Other Business News Articles
|