• NYSE: ASB
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  • 24.45
    Stock Quote ($)
  • Change ($) 0.15
  • Change (%) 0.62
  • Market Value ($M) 3,695.98
  • Volume 547,198
  • As of 11/17/2017 Close Minimum 20 minute delay.

Mergers & Acquisitions

Return to Mergers & Acquisitions

Deal Overview

Buyer:
Associated Banc-Corp
Actual Acquirer:
Associated Bank Reedsburg
Target:
F&M Bankshares of Reedsburg, Inc.
Deal Type:
Bank & Thrift Company
Agreement Date:
8/17/1995
Announcement Date:
8/17/1995
Announced Deal Value ($ M):
17.60
Status:
Completed
Completion Date:
7/19/1996
Announced Deal Value Per Share ($ )
NA

Consideration Breakout
Common Stock ($M) 21.1
Common Stock Issued 534,998

Deal Pricing Ratios

Announcement Completion
Price / Book (%) 189.7 220.5
Price / Tangible Book (%) 189.7 220.5
Price / Earnings (x) 13.8 36.3
Price / Deposits (%) 15.08 17.86
Price / Assets (%) 12.92 15.16
Tangible Book Premium/ Deposits (%) 8.39 11.41
Deal Terms
Description of Consideration

Associated exchanged 173.7766 shares of its common stock for each F&M Bankshares share, and 59.4441 shares for each minority share. Seller's financials are for Farmers & Merchants Bank.

Accounting Method Pooling of Interests
In-State Transaction? Yes
Merger of Equals? No
Geographic Expansion? Market Expansion
Goodwill Generated ($ 000) 0
Estimated Cost Savings (%) NA
Estimated Cost Savings ($ 000) NA
Est. Restructuring Charges ($ 000) NA
Maximum Termination Fee ($ 000) 0
Minimum Termination Fee ($ 000) NA
Exchange Ratio (Common For Common) NA
Exchange Ratio (Common For Preferred) NA
Exchange Ratio (Preferred For Common) NA
Exchange Ratio (Preferred For Preferred) NA
Lockup Agreement No
Strike Price ($ ) NA
% of Shares Outstanding NA
Shares Under Option NA
Core Deposit Intangibles ($ 000) NM
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer No NA
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer Yes Reinhart Boerner Van Deuren sc
Seller Yes Hoff Law Offices