Mergers & Acquisitions


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Deal Overview

Buyer:
U.S. Bancorp
Actual Acquirer:
Elavon, Inc.
Target:
Merchant services business
Deal Type:
Financial Technology Company
Agreement Date:
7/31/2008
Announcement Date:
7/31/2008
Announced Deal Value ($ M):
6.25
Announced Deal Value, As Reported ($ M)
6.25
Status:
Completed
Completion Date:
7/31/2008
Announced Deal Value Per Share ($ )
NA

Consideration Breakout
Cash ($M) 6.3

Deal Terms
Description of Consideration

Elavon Inc. paid $6.25 million in cash to acquire the merchant services business of Capital City Bank Group Inc.

Percent Acquired (%) NA
Purchase Method Purchase
Merger of Equals? No
Estimated Cost Savings (%) NA
Estimated Cost Savings ($ 000) NA
Est. Restructuring Charges ($ 000) NA
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