SAVVY SHOPPERS: Bank-acquisition prices are all over the board in Michigan, but Talmer is "very happy to look at appropriately-priced transactions," CEO David Provost said. Talmer, backed by private-equity investor Wilbur Ross initially to buy failed and troubled banks, struck its first traditional bank deal last week.

Bargain-Conscious Talmer Shows How to Sidestep Pricey M&A

The bank M&A world can be challenging for private-equity vehicles because they trade lower than some of the more aggressive traditional buyers. Talmer Bancorp in Troy, Mich., announced a cash deal last week that pushed its stock up more than 5%, perhaps helping its hand in future stock deals.

To continue, please log in, register or subscribe.
Already a subscriber? Log in here
Please note you must now log in with your email address and password.

Already a subscriber? Log in here
Please note you must now log in with your email address and password.