YOUR BUSINESS AUTHORITY
Springfield, MO
Florida-based EverBank Financial is acquiring WaFd, a smaller bank in the Pacific Northwest.
The deal is a $3.9 billion reverse merger transaction, according to Reuters.
The deal calls for EverBank to merge into WaFd. The latter company would remain a publicly traded company after changing its name to EverBank Financial Corp. and trading under the EVBK ticker symbol.
Read more from Reuters.
A trio of brothers own Southway Storage LLC, which opened Oct. 7 and has 289 units to serve customers in Ozark, Nixa, Springfield and elsewhere in southwest Missouri.