Star Banc Corp. of Cincinnati and Firstar Corp. of Milwaukee have announced plans to merge in a deal valued at $7.2 billion.While the company will be headquartered in Milwaukee and have the Firstar name, the consumer banking and specialized lending operations will be based in Cincinnati. Star Banc has spent the last couple of years building its mortgage banking operations up, first through the acquisition of Great Financial Corp., Louisville, Ky., and its mortgage banking operation in Owensboro, Ky., and most recently through its pending purchase of Trans Financial Inc., Bowling Green, Ky.
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