• NYSE: ASB
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  • 24.30
    Stock Quote ($)
  • Change ($) (0.10)
  • Change (%) (0.41)
  • Market Value ($M) 3,701.37
  • Volume 406,836
  • As of 05/26/2017 Close Minimum 20 minute delay.

Mergers & Acquisitions

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Deal Overview

Buyer:
Merchants Financial Group, Inc.
Actual Acquirer:
Merchants Bank, National Association
Target:
Branch assets and liabilities
Deal Type:
Bank & Thrift Branch
Seller:
Associated Banc-Corp
Agreement Date:
8/21/2013
Announcement Date:
8/27/2013
Number of Target Branches
2
Branch Locations
Lanesboro,MN
Red Wing,MN
Rushford,MN
Franchise Premium ($ 000)
1,372
Tangible Book Premium/ Deposits (%)
2.92
Status:
Completed
Completion Date:
11/15/2013

Deal Terms
Description of Consideration

NA

Financials
Deposits ($ 000) 47,000
Total Assets ($ 000) 45,628
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer No NA
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer Yes Lindquist & Vennum LLP
Seller No NA