Bridgewater Bancshares Receives Regulatory Approvals For First Minnetonka City Bank Acquisition
Portfolio Pulse from Benzinga Newsdesk
Bridgewater Bancshares, Inc. (NASDAQ:BWB) has received all necessary regulatory approvals to acquire First Minnetonka City Bank. The acquisition is expected to close in Q4 2024, pending customary closing conditions.
October 23, 2024 | 12:08 pm
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Bridgewater Bancshares has received regulatory approvals for its acquisition of First Minnetonka City Bank, with the deal expected to close in Q4 2024.
The regulatory approval is a significant step towards completing the acquisition, which could enhance Bridgewater's market position and growth prospects. This positive development is likely to boost investor sentiment in the short term.
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