Brookline Bancorp Inc. has received all required regulatory approvals in connection with its proposed acquisition of Bancorp Rhode Island Inc.
The closing of the merger – which remains subject to the satisfaction of other customary closing conditions – is expected to occur at or around the end of the calendar year, according to a statement.
The final deadline for Bancorp Rhode Island shareholders to make an election regarding their preferred form of consideration is 5:00 p.m. on Friday, Dec.16.
