Inquiry Sought on NationsBank Exec’s Remark
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From Bloomberg Business News
NEW YORK — The International Brotherhood of Teamsters wants a federal investigation into whether Charlotte, N.C.-based NationsBank Corp. violated disclosure laws when a top executive said it was interested in combining with Chase Manhattan Corp.
NationsBank Vice Chairman James Hance was quoted Friday in an article in the Wall Street Journal saying, “If (Chase) had an interest in talking to us, we’d certainly be interested in talking to them.”
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