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Monday, July 8, 2013

Deals of the day -- mergers and acquisitions, (NASDAQ: FISI)

The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Monday: ** Former Standard Chartered chief executive Mervyn Davies is forming a consortium of sovereign wealth funds and financial institutions to purchase as much as half of Britain's 20 billion pound ($29.77 billion) stake in Lloyds Banking Group , Sky News reported.** Singapore state investor Temasek has not approached the British government about buying a 4.5 billion pound ($6.70 billion) stake in part-nationalised Lloyds Banking Group, industry sources told Reuters on Sunday.

Financial Institutions, Inc. (FII) is a financial holding company. Shares of FISI remained unchanged at $20.83. In the past year, the shares have traded as low as $16.50 and as high as $20.93. On average, 26527 shares of FISI exchange hands on a given day and today's volume is recorded at 0.



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