Mergers and Acquisitions
A large part of a bank board’s responsibility is determining whether (and when) to “buy, sell or hold.” We represent buyers and sellers in bank mergers and acquisitions and advise directors on their duties relating to these transactions. We prepare and negotiate transaction documents, proxy statements, and prospectuses; prepare and file regulatory applications; and ensure that tax, ERISA, securities, and other “specialty” issues are addressed.
Advised Reliance Financial Corporation on its acquisition by merger by Fidelity Information Services (NYSE: FIS). The transaction, which had an aggregate purchase price of $110 million, brought together the world’s largest provider of banking and payments technology and one of the largest independent trust companies in the United States. Assisted with the negotiation and preparation of the Agreement and Plan of Merger and the ancillary documents needed to ...