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M&T Bank & People's United Financial merger inked on paper

  • M&T Bank (NYSE:MTB) and People's United Financial (NASDAQ:PBCT) inked a definitive agreement under which M&T will acquire People's United in an all-stock transaction.
  • Combined company's footprint extends to covering over 20% of the U.S. population and over 25% of U.S. GDP.
  • Merger

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