First Union is offering two of its shares for each share of Wachovia, which would value Wachovia at about $63.84 a share a premium of only 6 percent over Thursday s closing price of $60.20. On Monday, ...

First Union Securities, which has several investment brokerage offices in Middle Tennessee, is changing its name to Wachovia Securities, NashvillePost.com has learned. First Union’s parent merged with ...

First Union Corp. is buying North Carolina rival Wachovia Corp. for about $13.1 billion in stock in a deal that would create the nation's fourth biggest banking company. Executives of the banks said ...