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SUNDAY, NOVEMBER 8, 2009
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PREMIUM NEWS ARCHIVE

Shareholders may sue; LaSalle Bank investors unhappy ABN Amro may take lesser bid

Article from: Chicago Sun-Times Article date: April 27, 2007 Author: Toby Sterling

The future of Chicago's LaSalle Bank -- which two banks want to buy -- was at the center of a nasty shareholders meeting in the Netherlands on Thursday.

Dutch bank ABN Amro's decision to accept an $87 billion buyout offer from Barclays and $21 billion for LaSalle from Bank of America drew derision, including threats of a lawsuit, from shareholders who want the bank to accept a potentially better bid from Royal Bank of Scotland.

The company endorsed Barclays' bid even though RBS, Santander Central Hispano SA and Fortis on Wednesday said they ...

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