People's United Financial, Inc. (PBCT) Social Stream

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$PBCT New Press Release:

M&T Bank Corporation and People's United Provide Update on Pending Merger

M&T Bank Corporation (NYSE: MTB) ("M&T") and People's United Financial, Inc. (NASDAQ: PBCT) ("People's United") today issued an update on their pending merger to create a diversified, community-focused banking franchise. Last week, M&T issued Worker Adjustment and Retraining Notification (WARN) in two states, Connecticut and Vermont. The majority of the reductions would be effective in 2022. Commitment to Communities As part of the transaction, People's United's current headquarters in Bridgepor (...)

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