Word: merge
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Dates: during 1980-1989
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Under pressure from California S and Ls and California Senator Alan Cranston, the Federal Home Loan Bank Board an nounced a second round of bidding on June 17. Despite BankAmerica's offer to back financially a California-only merg er, the board announced that the highest bid of the three California S and Ls that participated was still $143 million lower than Citicorp's offer...
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