4min chapter

The Prof G Pod with Scott Galloway cover image

Behind the Scenes of SVB’s Collapse + A Vision for America — with Ro Khanna

The Prof G Pod with Scott Galloway

CHAPTER

The Lessons Learned From the Acquisition of First Citizens

First citizen shares jumped more than 45% during Monday morning trading. First citizens will not pick cash and instead granted equity appreciation rights in its stock to the FDIC that could be worth up to $500 million. The acquisition doubles the size of first citizens, bringing it to 219 billion in assets.

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