Archive | June, 2018

People’s United Financial to Acquire First Connecticut Bancorp

BRIDGEPORT, Conn. — People’s United Financial, Inc., the holding company for People’s United Bank N.A., announced an agreement to acquire First Connecticut Bancorp Inc., the holding company for Farmington Bank, in a 100% stock transaction valued at approximately $544 million. Completion of the transaction is subject to customary closing conditions, including receipt of regulatory approvals […]

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