Heritage Bank of Commerce
Corporate Profile
Officers & Directors
Founders
Stock Information
Governance Documents
News
Financial Highlights
SEC Filings
2017 Proxy Materials
Section 16 Filings
Insider Ownership
Stock Splits
Mergers & Acquisitions
Deposit Marketshare
Analyst Estimates
Market Makers
Event Calendar
Email Notification
Information Request
FAQ
Presentations
    
Entire IR Site Press Releases Only Filings Only
Email pagePDF viewPrint viewRSS FeedsIR MobileSocial media sharingEmail Alert
Mergers & Acquisitions
M&A History<< Return to Mergers & Acquisitions
Deal Overview
Buyer: Heritage Commerce Corp.
Target: Business Factors Inc.
Deal Type: Specialty Finance Company
Agreement Date9/16/1999
Announcement Date9/16/1999
Announced Deal Value ($M)11.00
StatusTerminated
Completion Date1/4/2000
Deal Pricing Ratios
 AnnouncementCompletion
Price / Book (%)NANA
Price / Earnings (x)NANA
Price / Revenue (x)NANA
Price / Net Receivables (%)NANA
Price / Managed Receivables (%)NANA
Deal Terms
Description of Consideration
Heritage Bank of Commerce terminated its agreement to acquire Business Factors Inc. for $11.0M in cash and stock.
Percent Acquired (%)100.00
Purchase MethodNA
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
BuyerNANA

Deal Advisers - Legal Counsel
Party AdvisedAdviser Hired?Firm Name
BuyerYesBingham McCutchen LLP
SellerNANA

Copyright 2017, © S&P Global Market Intelligence  Terms of Use