| For immediate release |
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The Federal Reserve Board today announced its approval of the proposal by NationsBank Corporation and NB Holdings Corporation, both of Charlotte, North Carolina, to merge with Barnett Banks, Inc., Jacksonville, Florida, and thereby acquire Barnett's bank and nonbank subsidiaries.
The Board's approval is conditioned on the divestiture by NationsBank of sixty-seven branches in twelve markets in Florida and Georgia. Attached is the Board's order relating to this action. |
1997 Orders on banking applications
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