The document discusses the merger between Union Planters Corporation and Regions Financial Corporation that was announced in January 2004 and finalized in June 2004. Some key points:
- The merger created the 12th largest bank holding company in the US.
- Regions and Union Planters had few overlapping branch locations across 14 states, making consolidation easier.
- Integrating the financial and accounting systems between the companies posed a challenge due to their different existing systems.