BANK OF COMMERCE vs. RADIO PHILIPPINES G.R. No. 195615 April 21, 2014 Merger and De Facto Merger, Corporation Code
FACTS: Traders Royal Bank (TRB) proposed to sell to petitioner Bank of Commerce (Bancommerce) for its banking business consisting of specified assets and liabilities. Bancommerce agreed subject to prior BSP’s approval of their Purchase and Assumption (P & A) Agreement. The BSP approved that agreement subject to the condition that Bancommerce and TRB would set… Read More BANK OF COMMERCE vs. RADIO PHILIPPINES G.R. No. 195615 April 21, 2014 Merger and De Facto Merger, Corporation Code