Mergers & Acquisitions

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Deal Overview

Buyer:
BOK Financial Corporation
Actual Acquirer:
Bank of Oklahoma, NA
Target:
Plaza National Bank
Deal Type:
Bank & Thrift Company
Agreement Date:
12/22/1993
Announcement Date:
12/22/1993
Announced Deal Value ($ M):
11.90
Status:
Completed
Completion Date:
5/2/1994
Announced Deal Value Per Share ($ )
NA

Consideration Breakout
Cash ($M) 11.9

Deal Pricing Ratios

Announcement Completion
Price / Book (%) 203.9 186.3
Price / Tangible Book (%) 203.9 186.3
Price / Earnings (x) 13.1 15.4
Price / Deposits (%) 14.31 13.88
Price / Assets (%) 13.29 12.83
Tangible Book Premium/ Deposits (%) 7.94 6.96
Deal Terms
Description of Consideration

Plaza National Bank shareholders received, in aggregate, $11.9 million in cash for all outstanding shares.

Accounting Method Purchase
In-State Transaction? Yes
Merger of Equals? No
Geographic Expansion? NA
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) NA
Exchange Ratio (Common For Preferred) NA
Exchange Ratio (Preferred For Common) NA
Exchange Ratio (Preferred For Preferred) NA
Lockup Agreement No
Strike Price ($ ) NA
% of Shares Outstanding NA
Shares Under Option NA
Core Deposit Intangibles ($ 000) NA
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer No NA
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer Yes Holliman Langholz Runnels
Seller NA NA