PeoplesUnitedLogoRegulators have approved Connecticut-based People’s United Financial’s acquisition of LSB Corp.

People’s United said earlier this year it would acquire RiverBank, a subsidiary of LSB Corp. based in North Andover.

The shareholders of LSB Corp. approved the merger agreement on Oct. 27. The companies expect to complete the transactions (which remain subject to the satisfaction or waiver of other customary closing conditions) on or after Nov. 30.

 

Regulators Approve People’s United Acquisition Of RiverBank

by Banker & Tradesman time to read: <1 min
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