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Mergers & AcquisitionsCOMMUNITY BANK SYSTEM, INC. (NYSE - CBU) 
Deal values, assets, and deposits are as of the Announcement Date. Deals announced from 1996 to present.
M&A History<< Return to Mergers & Acquisitions
 Deal Overview
Buyer: Community Bank System, Inc.
Actual Acquirer: Benefit Plans Administrative Services
Target: Hand Benefits & Trust, Inc.
Seller: Hand Benefits & Trust, Inc.
Deal Type: Securities & Investments Company
Agreement Date2/22/2007
Announcement Date2/22/2007
Announced Deal Value ($M)NA
Announced Deal Value Per Share ($)NA
StatusCompleted
Completion Date5/18/2007

 Deal Terms
Description of Consideration
Community Bank System paid an undisclosed amount in cash to acquire Hand Benefits & Trust Inc.
Percent Acquired (%)100.00
Purchase MethodPurchase
Merger of Equals?NA
Estimated Cost Savings (%)NA
Estimated Cost Savings ($000)NA
Est. Restructuring Charges ($000)NA

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