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Mergers & Acquisitions
M&A History<< Return to Mergers & Acquisitions
Deal Overview
Buyer: Capital City Bank Group, Inc.
Actual Acquirer: Capital City Trust Company
Target: Quincy, FL office of Synovus Trust Co.
Seller: Synovus Financial Corp.
Deal Type: Securities & Investments Company
Agreement Date3/16/2004
Announcement Date3/16/2004
Announced Deal Value ($M)2.00
Announced Deal Value Per Share ($)NA
Completion Date3/25/2004
Consideration Breakout
Cash ($M)2.0
Deal Terms
Description of Consideration
Capital City Bank paid about $2.0 million in cash to acquire the Quincy, FL office of Synovus Trust from Synovus Financial.
Percent Acquired (%)NA
Purchase MethodPurchase
Merger of Equals?NA
Estimated Cost Savings (%)NA
Estimated Cost Savings ($000)NA
Est. Restructuring Charges ($000)NA
Deal Advisers - Financial Advisers
Party AdvisedAdviser Hired?Firm Name

Deal Advisers - Legal Counsel
Party AdvisedAdviser Hired?Firm Name
SellerYesPowell Goldstein LLP

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