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Last Large Banking Company Target for Takeover

Allan

By Allan
in Detroit

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Allan Metropolis

Allan

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This seems to be talked about a lot lately. Unfortunately this would probably mean that the 13 floors Comerica takes up in Comerica Tower will be vacated, further increasing the downtown office vacancy rate. Also, Detroit would loose the prestige of having a large bank headquartered in downtown :(.

Comerica Inc., the last of the big Detroit-based banks, is a prime takeover target for giant banking conglomerates looking to get even larger.

Bank's $53 billion in assets, business-oriented reputation, make it an attractive target

012304_p1_comerica_assest_c.jpg

By Joel J. Smith / The Detroit News

The bank

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