Community Financial System Inc T.CBU.PR.A

Primary Symbol: CBU

Financial Services

Community Financial System, Inc., formerly Community Bank System, Inc., is a diversified financial services company. The Company is focused on four main business lines, such as banking, employee benefit services, insurance services and wealth management. The Company’s banking subsidiary, Community Bank, N.A., operates approximately 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont, and Western Massachusetts. The Company’s Benefit Plans Administrative Services, Inc. subsidiary is a provider of employee benefits administration, trust services, collective investment fund administration, and actuarial consulting services to customers on a national scale. The Company’s OneGroup NY, Inc. subsidiary is a United States insurance agency. The Company also offers comprehensive financial planning, trust administration and wealth management services through its Wealth Management operating unit.

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Community Financial System Inc

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Post by unclewebbon May 04, 2007 2:03pm

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Post# 12727424

The Fine Print

For those that still don't get it: https://www.deloitte.com/dtt/cda/doc/content/Second%20Report%20-%20April%2027%2C2007.PDF "22. Acceptance of the Brookfield Binding Offer would not result in any available funds for distribution to the creditors subordinate to Brookfield (including unsecured creditors) or any value for shareholders." The Brookfield offer is the best one so far and greater than the combined offers for bits and pieces of Caribou. It would take an offer double that before all creditors could be taken care of and then there might be a tiny scrap left over for shareholders.

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Calibre discovers significant gold in Newfoundland