Acquisitions

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Acquisitions and mergers update

First Citizens Bank, headquartered in Raleigh, North Carolina, announced it has
acquired CIT Leasing for $2.2 billion
o Total assets of combined entity = $100 billion
- Donnellon McCarthy Enterprises (DME), headquartered in Cincinnati, OH, announced it has acquired T&I Office Equipment of Anna, Illinois.
o DME is a dealer for Toshiba, Kyocera, Savin and Sharp
o T&I is a dealer for Savin
- Novatech, headquartered in Nashville, TN, announced it has acquired United Laser, an HP dealer headquartered in Florence, South Carolina

12/22/209:22 PM

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Acquisitions and mergers update

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