SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM
8-K
CURRENT
REPORT PURSUANT
TO
SECTION 13 OR 15(D) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date
of report (Date of earliest event reported): May 21, 2007
COMMERCIAL
BANKSHARES, INC.
|
(Exact
Name of Registrant as Specified in Its
Charter)
|
Florida
|
(State
or Other Jurisdiction of
Incorporation)
|
33-67254
|
|
65-0050176
|
(Commission
File Number)
|
|
(IRS
Employer Identification
No.)
|
1550
S.W. 57th Avenue, Miami, Florida
|
|
33144
|
(Address
of Principal Executive Offices)
|
|
(Zip
Code)
|
(305)
267-1200
|
(Registrant's
Telephone Number, Including Area
Code)
|
N/A
|
(Former
Name or Former Address, if Changed Since Last
Report)
|
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
___
Written communications pursuant to Rule 425 under the Securities Act (17
CFR
230.425)
___
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
___
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act
(17 CFR 240.14d-2(b))
___
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act
(17 CFR 240.13e-4(c))
Item
8.01. Other
Events.
Commercial
Bankshares, Inc. (the "Company") is filing this Current Report on Form
8-K to
disclose that the Company's shareholders approved, at a special meeting
held May
21, 2007, the Company's merger (the "Merger") with The Colonial BancGroup,
Inc.
("Colonial"), as described in Colonial's Registration Statement on Form
S-4
(Registration No. 333-141731), filed in connection with the Merger. The
Company
expects to close the Merger on June 1, 2007.
The
deadline for the Company's shareholders to make their elections regarding
the
form of merger consideration to be received in connection with the Merger
remains 5 pm, Friday, May 25, 2007. A copy of the election form and letter
of
transmittal may be found attached to the Company's SEC Form 8-K/A filing
with
the Securities and Exchange Commission dated April 23, 2007.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
COMMERCIAL
BANKSHARES, INC.
|
|
Date:
May 21, 2007
|
|
/s/Barbara
E. Reed
|
Barbara
E.
Reed |
Executive
Vice President
and
Chief Financial Officer
|