45
12
8
4
How many banks did First of America Bank Corp gain with its acquisition of Midwest Financial Group Inc.
45
Eight Banks
8
15
13
30
How many subsidiary banks under Midwest Financial Group will adopt the First of America name, once they are acquired?
The Bank of America  Corporation
Midwest Financial subsidiary banks
Midwest Financial Group Inc
Midwest Financial
First of America Bank Corp
Which Bank Group acquired two separate bank entities?
Washington, D.C
The Midwest
Peoria, Michigan
Charlotte, NC
Peoria, IL
It's headquarter is at Michigan
Where is Midwest Financial Group Located?
20
All 13
Some of 13
Some of 45
How many managers may take other jobs within First of America?
They were eliminated
First of America Bank Corp acquired Midwest Financial Group
As it was acquired by First of America Bank Corp
Since the group was being dissolved
Since it reduces operating results by $ 3 to 4 million
They were purchased by First of America Bank Corp
As Midwest Financial would cease operations in early 1990
Why will The Midwest Financial Adopt a new name
First of America Bank Corp. said it completed its acquisition of Midwest Financial Group Inc. for about $250 million. First of America, which now has 45 banks and $12.5 billion in assets, announced an agreement to acquire the Peoria, Ill., bank holding company in January. Midwest Financial has $2.3 billion in assets and eight banks. The Midwest Financial subsidiary banks will continue to operate under their current names until early 1990, when each will adopt the First of America name. Kalamazoo, Mich.-based First of America said it will eliminate the 13 management positions of the former Midwest Financial parent company. First of America said some of the managers will take other jobs with First of America. But it said that severance payments to those executives not staying with the company will reduce First of America's operating results for 1989 by $3 million to $4 million, or 15 cents to 20 cents a share. 