Tag: Merger
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Vote clears way for Ent-Wings credit union merger
The proposed merger of Colorado Springs-based Ent Credit Union and Wings Credit Union, based in the Twin Cities suburb of Apple Valley, Minn., has cleared its final hurdle. The not-for-profit credit unions announced in a joint news release Friday morning that Wings members have voted to adopt Ent’s charter. More than 62,000 Wings members, representing…
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Two Colorado credit unions announce merger
Colorado’s Climb Credit Union and Community Choice Credit Union have announced plans to merge. The merger is pending member approval, Arvada-based Climb Credit Union said in a news release late Friday afternoon. The proposed merger will “bring together two longstanding Colorado credit unions that share a strong commitment to service, community, and helping members reach…
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Two Colorado credit unions announce merger
Colorado’s Climb Credit Union and Community Choice Credit Union have announced plans to merge. The merger is pending member approval, Arvada-based Climb Credit Union said in a news release late Friday afternoon. The proposed merger will “bring together two longstanding Colorado credit unions that share a strong commitment to service, community, and helping members reach…
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Colorado judge temporarily blocks Kroger, Albertsons merger
A Colorado judge issued an order temporarily blocking the proposed $25 billion merger between Kroger and Albertsons following a lawsuit from the state, according to court documents. Kroger is the parent company of King Soopers in Colorado, while Albertsons runs the Safeway chain in the state. At a hearing in Denver on Thursday, Judge Andrew…
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Denver court dismisses Kroger’s plea to drop Colorado anti-merger lawsuit
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Colorado’s lawsuit against the proposed Kroger and Albertsons merger worth $24.6 billion will carry on, a Denver District Court judge ruled Wednesday. The grocery stores operating the King Soopers and Safeway brands in Colorado asked the court to drop the case brought forth by Attorney…
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Kroger plans to sell Safeway brand in Colorado to help secure merger with Albertsons
Under pressure from government regulators, Kroger and Albertsons have decided to sell nearly 600 stores across the country, including the Safeway brand in Colorado, in an effort to get their proposed $24.6 billion merger through. Kroger said it will sell 579 stores across the country to New Hampshire-based C&S Wholesale Grocers — 116 more than originally planned, including 91 Albertsons-owned…
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Canvas Credit Union completes merger, expands to Colorado’s Western Slope
A seven-month dance finally led to courtship as Canvas Credit Union merged with Western Rockies Federal Credit Union to grow to 33 branches and expand to the Western Slope for the first time in its 84-year history. Colorado and National Credit Union Administration regulators approved the merger and the conversion happened late last month. The…
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Merger creates new Colorado oil and gas company
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Two Colorado oil and gas companies Monday announced a merger that will create one of the biggest players in the state’s Denver-Julesberg (DJ) Basin. Bonanza Creek Energy Inc. (NYSE: BCEI) and Extraction Oil & Gas Inc. (NASDAQ: XOG) will create new company Civitas Resources Inc.…