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RAYMOND JAMES TO ACQUIRE MORGAN KEEGAN & COMPANY
Raymond James Financial, Inc. announced today that it has entered into a definitive stock purchase agreement to acquire Morgan Keegan & Company, Inc. and related affiliates from Regions Financial for $930 million, expanding both its private client wealth management and capital markets businesses.

LETTER TO MORGAN KEEGAN CLIENTS REGARDING MERGER ANNOUNCEMENT

Regions Reports Results for Fourth Quarter and Full Year 2011

"Despite a continued challenging economic and legislative environment in 2011 we were able to stay focused on our business plan and deliver solid results," said Regions CEO Grayson Hall.

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