Providian Financial Corp.

News & Analysis

providian financial corp. and washington mutual inc. - All News and Analysis

• Washington Mutual Announces Final Results of Tender Offer for 4% Convertible Senior Notes due May 15, 2008

  - 2005-11-07

  SEATTLE -- New American Capital, Inc. (the "Company"), a wholly owned subsidiary of Washington Mutual, Inc. (NYSE:WM), announced today the final results of its previously announced cash tender offer for any and all of its outstanding 4% Convertible Senior Notes due 2008 (the "Notes"). The Notes were originally issued by...

  Tags: IBM Lotus Notes, Providian Financial Corp., Washington Mutual Inc.

• Washington Mutual Completes Acquisition of Providian Financial

  - 2005-10-03

  SEATTLE -- Washington Mutual, Inc. (NYSE:WM), today announced the company has completed its acquisition of Providian Financial in a stock and cash transaction valued at approximately $6.1 billion. For each share of Providian common stock, Providian stockholders will receive 0.4005 shares of Washington Mutual common stock and $2.00 in cash.

  Tags: acquisition, Providian Financial Corp., Washington Mutual Inc.

• Fitch Upgrades Providian on Acquisition by Washington Mutual

  - 2005-10-03

  NEW YORK -- Washington Mutual, Inc. ('A/F1'; Stable Outlook) has completed the acquisition of Providian Financial Corp. As a result, Fitch Ratings has upgraded Providian Financial Corp. PVN to align its ratings with those of Washington Mutual WM. Simultaneously, Fitch has withdrawn certain Providian ratings, as those entities are no...

  Tags: acquisition, Providian Financial Corp., Washington Mutual Inc.

• Providian Financial Shareholders Approve Merger with Washington Mutual

  - 2005-08-31

  SAN FRANCISCO -- Providian Financial Corporation (NYSE:PVN) today announced that shareholders have approved the Company's merger with Washington Mutual. 83% of the 237,791,081 shares voted were in favor of the merger (67% of the total outstanding shares). A majority of the total outstanding shares were needed for approval. The results...

  Tags: merger, Providian Financial Corp., shareholder, Washington Mutual Inc.

• Putnam Intends to Vote Against Proposed Merger of Providian Financial Corporation with Washington Mutual Inc

  - 2005-08-01

  BOSTON -- Putnam Investments and the Board of Trustees of the Putnam Mutual Funds today announced that they intend to vote shares of Providian Financial Corporation held in client accounts and the Funds, respectively, against the proposed merger of Providian with Washington Mutual, Inc.

  Tags: merger, Providian Financial Corp., Putnam, Washington Mutual Inc.

• Putting it on plastic; Banking and credit cards.(Washington Mutual Inc. purchased Providian Financial Corp.)

  - 2005-06-11

  Washington Mutual goes shopping Washington Mutual goes shopping

  Tags: banking, credit card, Providian Financial Corp., Washington Mutual Inc.

• Conference Call to Discuss Washington Mutual's Agreement to Acquire Providian Financial

  - 2005-06-06

  Washington Mutual (NYSE:WM):

  Tags: agreement, Providian Financial Corp., Washington Mutual Inc.

• Washington Mutual to Acquire Providian Financial; Strategically Compelling Fit for Both Companies

  - 2005-06-06

  SEATTLE & SAN FRANCISCO -- Washington Mutual, Inc. (NYSE: WM), announced that it has entered into a definitive agreement to acquire Providian Financial (NYSE: PVN) in a stock and cash transaction valued at approximately $6.45 billion. The transaction brings together two of the nation's leading financial services companies focused on...

  Tags: Providian Financial Corp., Washington Mutual Inc.