Eastern Bankshares And Cambridge Bancorp Announce Regulatory Approvals Received To Merge
Portfolio Pulse from Benzinga Newsdesk
Eastern Bankshares, Inc. (EBC) and Cambridge Bancorp (CATC) have received all necessary regulatory approvals for their proposed merger, expected to close on or about July 12, 2024.
May 28, 2024 | 12:44 pm
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Cambridge Bancorp has received regulatory approval for its merger with Eastern Bankshares, expected to close on July 12, 2024.
The regulatory approval is a significant milestone for the merger, likely to positively impact CATC's stock as it moves closer to finalizing the merger.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Eastern Bankshares, Inc. has received regulatory approval for its merger with Cambridge Bancorp, expected to close on July 12, 2024.
The regulatory approval is a significant milestone for the merger, likely to positively impact EBC's stock as it moves closer to finalizing the merger.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100