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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 ...