FED APPROVES AMSOUTH <ASO> AFFILIATION
AmSouth Corp said the Federal
Reserve Board approved the affiliation of First Tuskaloosa Corp
with Amsouth.
    The approval was the final regulatory step in the
affiliation process which began in August, Amsouth said.
    Under terms of the affiliation, each First Tuskaloosa
shareholder will receive 66 dlrs value of AmSouth stock for
each share held. The total consideration is valued at 105.6 mln
dlrs.
 Reuter
