It is anticipated that a meeting of the Board of Governors of the Federal Reserve System at 10:30 a.m. on Monday, August 13, 2001, will be held under expedited procedures, as set forth in section 26lb.7 of the Board's Rules Regarding Public Observation of Meetings, at the Board's offices at 20th Street and C Streets, N.W., Washington, D.C. The following items of official Board business are tentatively scheduled to be considered at that meeting.
Meeting date: August 13, 2001
NOTE: TODAY'S MEETING HAS BEEN CANCELLED; THE ITEM BELOW IS BEING PROCESSED BY TELEPHONE VOTE.
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Matters to be Considered: |
1. |
Application by First Union Corporation, Charlotte, North Carolina, to merge with Wachovia Corporation ("Wachovia"), Winston-Salem, North Carolina, thereby acquiring Wachovia's subsidiary banks, and notifications to acquire Atlantic Savings Bank, FSB, Hilton Head Island, South Carolina, and to acquire an Edge corporation and certain foreign investments controlled by Wachovia.
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A final announcement of matters considered under expedited procedures will be available in the Board's Freedom of Information and Public Affairs Offices and on the Board's Web site following the closed meeting.
Contact Person for More Information: Michelle A. Smith, Assistant to the Board;
202-452-3204.
Supplementary Information: You may call 202-452-3206 beginning at approximately 5 p.m. two business days before this meeting for a recorded announcement of any bank and bank holding company applications scheduled for the meeting; or you may contact the Board's Web site at http://www.federalreserve.gov for an electronic announcement about applications and other expedited items, as well as procedural and other information about the meeting.
Dated: August 9, 2001
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