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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: Community Investment Services, Inc.
Target: Wealth Resources Network, Inc.
Seller: Wealth Resources Network, Inc.
Deal Type: Securities & Investments Company
Agreement Date1/2/2019
Announcement Date1/2/2019
Announced Deal Value ($M)1.20
Announced Deal Value Per Share ($)NA
StatusCompleted
Completion Date1/2/2019
Consideration Breakout
Cash ($M)1.2

 Deal Terms
Description of Consideration
Community Bank System Inc. paid $1.2 million in cash to acquire certain assets of Wealth Resources Network.
Percent Acquired (%)NA
Purchase MethodAcquisition
Merger of Equals?NA
Estimated Cost Savings (%)NA
Estimated Cost Savings ($000)NA
Est. Restructuring Charges ($000)NA

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