Mergers & Acquisitions

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Deal Overview

Buyer:
BOK Financial Corporation
Actual Acquirer:
Bank of Oklahoma NA
Target:
Brookside Bancshares,inc.
Deal Type:
Bank & Thrift Company
Agreement Date:
12/22/1992
Announcement Date:
12/22/1992
Announced Deal Value ($ M):
22.30
Status:
Completed
Completion Date:
5/7/1993
Announced Deal Value Per Share ($ )
84.93

Consideration Breakout
Common Stock ($M) 26.3
Common Stock Issued 1,232,200

Deal Pricing Ratios

Announcement Completion
Price / Book (%) 351.7 416.2
Price / Tangible Book (%) 355.8 420.5
Price / Earnings (x) 11.3 12.0
Price / Deposits (%) 21.99 25.39
Price / Assets (%) 19.85 22.99
Tangible Book Premium/ Deposits (%) 13.81 22.48
Deal Terms
Description of Consideration

Brookside Bancshares shareholders received 4.6287 shares of BOK Financial for each share held. Seller's financials are for Brookside State Bank. Pricing ratios take into account $4.1M in holding company debt.

Accounting Method Pooling of Interests
In-State Transaction? Yes
Merger of Equals? No
Geographic Expansion? NA
Goodwill Generated ($ 000) 0
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) 4.6827
Exchange Ratio (Common For Preferred) NA
Exchange Ratio (Preferred For Common) NA
Exchange Ratio (Preferred For Preferred) NA
Lockup Agreement NA
Strike Price ($ ) NA
% of Shares Outstanding NA
Shares Under Option NA
Core Deposit Intangibles ($ 000) NM
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