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Commerce Bancorp, Inc. Acquisition History

Buyer: Commerce Bancorp, Inc., Cherry Hill, NJ
Seller: Business Training Systems, Inc., Mt. Laurel, NJ

 
Transaction Summary
Commerce Bancorp, Inc. has acquired Business Training Systems, Inc. for an undisclosed amount of common stock. Business Training Systems is an insurance brokerage agency located in Mount Laurel, New Jersey.
 
Transaction Data
Announcement Date 12/15/00   Completion Date 01/15/01
Type of Asset Sold Insurance   Transaction Status Completed
Asset Desc. Insurance Brokerage Agency   Transaction Revised? No
Accounting Type Pooling   Revision Date N/A
Total Purchase Price ($000) N/A   Assets Sold/Purchased ($000) N/A
Consideration Type Common Stock   Payment in: Cash ($000) 0
Goodwill ($000) N/A   Payment in: Common Stock ($000) N/A
Premium or Discount Paid ($000) N/A   Payment in: Debt ($000) 0
Premium/Assets Sold (%) N/A   Payment in: Convertible Debt ($000) 0
Price/Assets Sold (%) N/A   Payment in: Pref Stock ($000) 0
Actual Buyer of Assets Commerce National Insurance   Payment in: Other Consider ($000) 0
Earnout Consideration value ($000) N/A   Actual Seller of Assets Business Training Systems, Inc.
 
Transaction Advisers
Financial Advisers: N/A N/A
Legal Advisers: N/A N/A
Financial Advisers: N/A N/A
Legal Advisers: N/A N/A
 
Data Provided by Highline Financial LLC.