National Bank of Greece (NBG) on merger offer
Normal 0 false false false MicrosoftInternetExplorer4 National Bank of Greece (ADR) (NYSE: NBG) stock dropped 4.7% to $1.82. The company, last month, announced a public offer to merge with its largest domestic competitor, Eurobank. NBG said in a statement that the proposal called for Eurobank shareholders to receive 58 new shares for every 100 that they own. Share volume was 2.3 million, routing its daily average of 1.4 million /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;}
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