Original Source Material
Comerica shareholders ignored an activist investor’s urging to reject the deal, with 97% of votes cast Tuesday in favor of the bank’s acquisition by Fifth Third.
Comerica, Fifth Third shareholders back merger
Summary
- 97% of Comerica shareholders approved the merger with Fifth Third.
- The approval ignored an activist investor's opposition.
Why It Matters for Texas Credit Unions
The article does not mention Texas or its credit unions specifically and is focused on a merger between two banks.