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2009-07-21 11:01:16

Spain's Banco Sabadell S.A. said Tuesday it was studying Florida banks for acquisition and was most interested in buying Miami's Mellon United National Bank. The Spanish financial Web site El Confidencial said Banco Sabadell was finalizing details to buy Mellon United, part of Bank of New York Mellon Corp., for about $200 million. No deal has yet been made, a spokesman said. The Miami Herald said Banco Sabadell was expected to buy the bank. The newspaper said the selling price would be about...


Word of the Day
monteith
  • A large punch-bowl of the eighteenth century, usually of silver and with a movable rim, and decorated with flutings and a scalloped edge. It was also used for cooling and carrying wine-glasses.
  • A kind of cotton handkerchief having white spots on a colored ground, the spots being produced by a chemical which discharges the color.
This word is possibly named after Monteith (Monteigh), 'an eccentric 17th-century Scotsman who wore a cloak scalloped at the hem.'
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