Comerica Stock Jumps on $10.9 Billion Takeover by Fifth Third Bancorp

Luke Sharrett / Bloomberg via Getty Images First Third shareholders will control about 73% of the combined company once Fifth Third buys Comerica Key Takeaways Fifth Third Bancorp will buy Comerica for $10.9 billion in an all-stock transaction. Comerica shareholders will receive an equivalent of $82.88 for every share they own, a 17.5% premium to Friday's closing price. The purchase is part of Fifth Third's strategy to expand into key markets and boost its commercial business. Comerica (CMA) shares ...