Mergers & Acquisitions | Commerce Bank

Mergers & Acquisitions

COMMERCE BANCSHARES, INC. (NASDAQ - CBSH)

Source: SNL

M&A History

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Buyer: Commerce Bancshares, Inc.
Actual Acquirer: Commerce Bancshares, Inc.
Target: Firstbank Investment Co.
Deal Type: Bank & Thrift Company
Announcement Date	4/7/1993
Announced Deal Value ($M)	NA
Status	Completed
Completion Date	3/1/1994
Announced Deal Value Per Share ($)	NA

	Announcement	Completion
Price / Book (%)	NA	NA
Price / Tangible Book (%)	NA	NA
Price / Earnings (x)	NA	NA
Price / Deposits (%)	NA	NA
Price / Assets (%)	NA	NA
Tangible Book Premium/ Deposits (%)	NA	NA

Description of Consideration
First Investment Co. shareholders will receive an undisclosed amount of Commerce Bancshares common for each share held. Seller's financials are for Bank of Kansas/Lawrence.
Accounting Method	Purchase
In-State Transaction?	No
Merger of Equals?	No
Geographic Expansion?	NA
Goodwill Generated ($000)	NA
Estimated Cost Savings (%)	NA
Estimated Cost Savings ($000)	NA
Est. Restructuring Charges ($000)	NA
Maximum Termination Fee ($000)	NA
Minimum Termination Fee ($000)	NA
Exchange Ratio (Common For Common)	NA
Exchange Ratio (Common For Preferred)	NM
Exchange Ratio (Preferred For Common)	NM
Exchange Ratio (Preferred For Preferred)	NM
Lockup Agreement	NA
Strike Price ($)	NA
% of Shares Outstanding	NA
Shares Under Option	NA
Core Deposit Intangibles ($000)	NA

Party Advised	Adviser Hired?	Firm Name
Buyer	NA	NA


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