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twitterLV thrift operator said to be in talks
Friday, June 22, 2001 | 11:03 a.m.
NEW YORK -- Dime Bancorp Inc. said today that it was in talks for a possible merger "with a larger financial institution," but said it was still too early to say if the deal would go through.
The announcement did not name the suitor, but a source close to the deal said that Washington Mutual Inc., the nation's largest thrift and an operator in Las Vegas, was in talks to acquire Dime. The Wall Street Journal quoted unidentified sources as saying the deal was valued at about $5 billion in stock and cash.
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