TIAA Agrees to Buy EverBank Financial for About $2.5 BillionBy and
Transaction adds personal, business-loan platform for TIAA
Ferguson’s firm to pay $19.50 a share in cash for EverBank
TIAA, the financial-services firm led by former Federal Reserve Vice Chairman Roger Ferguson, agreed to buy EverBank Financial Corp., Florida’s largest lender by deposits, for about $2.5 billion in cash.
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