Fifth Third’s Chicago bank deal could be in jeopardy, analyst says


Fifth Third Bancorp’s $4.7 billion deal to acquire a Chicago bank could be at risk because Fifth Third’s stock price has fallen, a bank analyst said.

Stock in downtown Cincinnati-based Fifth Third (Nasdaq: FITB), the largest locally based bank and the nation’s 13th biggest, has fallen 12 percent since it reached an agreement in May to acquire MB Financial. It’s using mostly its stock to buy MB Financial in addition to a small cash component, so the decline in share price means the deal’s…

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