Mergers & Acquisitions
By The Online Investor Staff, updated Wed., Mar. 3, 9:45 PM
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Slide #80. M&T Bank Corporation — People's United Financial, Inc.
Acquirer:
M&T Bank Corporation (MTB)
Acquiree:
People's United Financial, Inc. (PBCT)
Details:
M&T Bank Corporation (NYSE: MTB) ("M&T") and People's United Financial, Inc. (NASDAQ: PBCT) ("People's United") announced today that they have entered into a definitive agreement under which M&T will acquire People's United in an all-stock transaction.
M&T Bank is a bank holding company. Through its subsidiaries, Co. provides individuals, corporations and other businesses, and institutions with commercial and retail banking services, including loans and deposits, trust, mortgage banking, asset management, insurance and other financial services. Banking activities are primarily focused on consumers residing in New York State, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and the District of Columbia and on small and medium-size businesses based in those areas. Certain subsidiaries also conduct activities in other areas.
M and T Bank SEC Filing Email Alerts Service
Preferreds: MTB.PR, MTB.PRC, MTB.PRA
Open the MTB Page at The Online Investor » M&T Bank is a bank holding company. Through its subsidiaries, Co. provides individuals, corporations and other businesses, and institutions with commercial and retail banking services, including loans and deposits, trust, mortgage banking, asset management, insurance and other financial services. Banking activities are primarily focused on consumers residing in New York State, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and the District of Columbia and on small and medium-size businesses based in those areas. Certain subsidiaries also conduct activities in other areas.
M and T Bank SEC Filing Email Alerts Service
Preferreds: MTB.PR, MTB.PRC, MTB.PRA
Open the PBCT Page at The Online Investor »
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