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As a result of the acquisition of Berkshire Bancorp, Inc. (the acquired company) by Customers Bancorp, Inc. (the acquiror), the preferred stock and exercised warrants issued by the acquired company on 6/12/2009 were exchanged for a like amount of securities of the acquiror plus accrued and previously unpaid dividends, pursuant to the terms of an agreement among Treasury, the acquired company and the acquiror entered into on 9/16/2011.
Dec. 28, 2011 Warrant Proceeds
Dec. 28, 2011 Repayment
Sep. 19, 2011 Dividend - Cumulative
May 17, 2010 Dividends payment
Feb. 16, 2010 Dividends payment
Nov. 13, 2009 Dividends payment
Aug. 14, 2009 Dividends Paid in Aug. 2009
Jun. 12, 2009 Preferred Stock w/ Exercised Warrants
|09/19/2011||Dividend||$218,298||CPP||Dividend - Cumulative|
|08/14/2009||Dividend||$27,589||CPP||Dividends Paid in Aug. 2009|
|06/12/2009||Purchase||$2,892,000||CPP||Preferred Stock w/ Exercised Warrants|