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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, Inc.
Target: Philadelphia division of Alliance Benefit Group
Deal Type: Financial Technology Company
Agreement Date7/1/2008
Announcement Date7/1/2008
Announced Deal Value ($M)NA
Announced Deal Value, As Reported ($M)NA
StatusCompleted
Completion Date7/1/2008
Announced Deal Value Per Share ($)NA

 Deal Terms
Description of Consideration
Terms of the all cash deal were not disclosed.
Percent Acquired (%)NA
Purchase MethodPurchase
Merger of Equals?NA
Estimated Cost Savings (%)NA
Estimated Cost Savings ($000)NA
Est. Restructuring Charges ($000)NA

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