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In like Fleet. (Fleet/Norstar Financial Group Inc.'s acquisition of the Bank of New England)

Boston Business Journal

| July 08, 1991 | Hough, Lory | COPYRIGHT 1990 American City Business Journals, Inc. (Hide copyright information)Copyright

In like Fleet

The Federal Reserve Board approved Fleet/Norstar's bid to buy Bank of New England, dismissing objections by community activists concerning Fleet's questionable lending practices. The purchase could be complete in as little as five days.

Manufacturing in the United States ended a yearlong decline, jumping from 45.4 percent to 50.9 percent on the National Association of Purchasing …

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