CIBC (CM) to Acquire PrivateBancorp (PVTB) in ~$3.8B Deal
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CIBC to Acquire PrivateBancorp, Inc.
June 29, 2016 6:19 AM EDTExpands U.S. presence with high-quality middle market commercial and private banking capabilities, advances client-focused strategy, diversifies earnings and strengthens platform for long-term growth
Provides CIBC's Canadian clients with access to U.S. banking services Supports Atlantic Trust's clients with access to banking capabilities Builds on PrivateBancorp's momentum, offers growth opportunities as part of a stronger North American organizationTORONTO, June 29, 2016 /PRNewswire/ - CIBC (TSX: CM) (NYSE: CM) today announced that it has entered into a definitive... More
