Mysterious buyer of EverBank revealed: TIAA

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TIAA, the private pension fund, added a new wrinkle to bank deals when it acquired EverBank, largely an online bank, for $2.5 billion in cash.. TIAA, a nontraditional buyer, should be able to slash enough costs to justify the.

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TIAA announced today an agreement to acquire Jacksonville-based EverBank ( NYSE: EVER), with assets totaling more than $27.4 billion.

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