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BUSINESS BRIEFS.(A)

Investor's Business Daily

| August 03, 2004 | COPYRIGHT 2004 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

FINANCE

Fifth Third to acquire Florida bank

The No. 10 U.S. bank agreed to pay $1.58 bil for First National Bankshares. The deal would give Ohio-based Fifth Third 77 more branches in fast-growing Florida. The offer of 0.5065 a share or $25 represents a 41% premium to First National's Friday closing price. First National jumped 36.5% to 24.31; Fifth Third dipped 0.5% to 49.16.

Commerce drops on new reports

Commerce Bancorp fell 2.5% to 48.99 after 2 newspapers questioned its rapid growth amid a corruption probe and questions about ...

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