Bank of Montreal - Merger Agreement Terminated
December 15 1998 - 12:34PM
UK Regulatory
RNS No 0858v
BANK OF MONTREAL
15th December 1998
TORONTO, December 15, 1998 - Bank of Montreal and Royal Bank today announced
that, effective immediately, they are terminating their agreement to merge in
light of the announcement by the Minister of Finance yesterday that the merger
will not be allowed.
Contacts:
Bank of Montreal, Joe Barbera (416) 927-2740
Royal Bank, David Moorcroft (416) 974-0520
END
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