National
Bank of Greece (ADR) (NYSE: NBG) stock dropped 4.7% to
$1.82. The company, last month, announced a public offer to merge with its
largest domestic competitor, Eurobank. NBG said in a statement that the
proposal called for Eurobank shareholders to receive 58 new shares for every
100 that they own. Share volume was 2.3 million, routing its daily average of 1.4
million
|
|
