Edition:
India

Commerce Bancshares to pay termination fee of $8.6 mln if merger is not consummated under specified circumstances


Monday, 22 May 2017 

May 22 (Reuters) - Berkshire Hills Bancorp Inc : :Berkshire Hills Bancorp - if merger is not consummated under specified circumstances, Commerce Bancshares Corp agreed to pay termination fee of $8.6 million.Berkshire Hills Bancorp says if co fails to obtain regulatory approvals due to specified circumstances, co agreed to pay termination fee of $4.3 million. 

Company Quote

33.52
-0.38 -1.12%
12:30am IST