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Thursday, January 12, 2012 - 10:04am
Regions Financial to Sell Morgan Keegan, Repay TARP Debts 
Regions Financial (NYSE: RF) agreed to sell Morgan Keegan & Co. to Raymond James Financial (NYSE: RJF) for $930 million. Regions will get $1.18 billion in proceeds from the sale, including a dividend of $250 million, if the deal receives regulatory approval. In a press release, Regions...
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Grayson Hall
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