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Deal Overview

Buyer:
U.S. Bancorp
Actual Acquirer:
NOVA Information Systems Inc.
Target:
Rights to future royalty payments
Deal Type:
Financial Technology Asset
Agreement Date:
2/7/2006
Announcement Date:
2/7/2006
Announced Deal Value ($ M):
0.60
Announced Deal Value, As Reported ($ M)
0.60
Status:
Completed
Completion Date:
2/7/2006
Announced Deal Value Per Share ($ )
NA

Consideration Breakout
Cash ($M) 0.6

Deal Terms
Description of Consideration

U.S. Bancorp paid $600,000 to acquire the royalty rights of Century Bancorp's merchant accounts.

Percent Acquired (%) NA
Purchase Method Purchase
Merger of Equals? No
Estimated Cost Savings (%) NA
Estimated Cost Savings ($ 000) NA
Est. Restructuring Charges ($ 000) NA