RGF 
email thisPDF viewPrint view
Mergers & AcquisitionsR & G FINANCIAL CORPORATION (Pink - RGFC) 
M&A History
Return to Mergers & Acquisitions
 Deal Overview
Buyer: R & G Financial Corporation
Actual Acquirer: R&G Federal Savings Bank
Target: Caribbean Federal Savings Bank of Puerto Rico
Deal Type: Bank & Thrift Company
Announcement Date1/23/1993
Announced Deal Value ($M)6.0
StatusCompleted
Completion Date6/29/1993
Announced Deal Value Per Share ($)NA
 Consideration Breakout
Cash ($M)6.0

 Deal Pricing Ratios
 AnnouncementCompletion
Price / Book (%)117.1111.5
Price / Tangible Book (%)117.1111.5
Price / Earnings (x)5.35.2
Price / Deposits (%)12.5112.53
Price / Assets (%)7.557.82
Tangible Book Premium/ Deposits (%)2.231.52
Deal Terms
 Description of Consideration
Caribbean FSB received an aggregate of $6.0 million in cash for all outstanding shares. Buyer's financials are for R&G Federal Savings Bank.
Accounting MethodPurchase
In-State Transaction?Yes
Merger of Equals?No
Geographic Expansion?In Market
Goodwill Generated ($000)NA
Estimated Cost Savings (%)NA
Estimated Cost Savings ($000)NA
Est. Restructuring Charges ($000)NA
Maximum Termination Fee ($000)NA
Minimum Termination Fee ($000)NA
Exchange Ratio (Common For Common)0.0000
Exchange Ratio (Common For Preferred)0.0000
Exchange Ratio (Preferred For Common)0.0000
Exchange Ratio (Preferred For Preferred)0.0000
Lockup AgreementNo
Strike Price ($)NA
% of Shares OutstandingNA
Shares Under OptionNA
Core Deposit Intangibles ($000)NA
 Deal Advisers - Financial Advisers
Party AdvisedAdviser Hired?Firm Name
BuyerNoNA
SellerNANA
 
 Deal Advisers - Legal Counsel
Party AdvisedAdviser Hired?Firm Name
BuyerYesElias Matz Tiernan & Herrick
SellerNANA
 

Copyright 2010, © SNL Financial LC  Terms of Use