Webster Financial Corporation (WBS) Social Stream



Webster Financial Corporation (WBS): $54.99

0.86 (+1.59%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

C

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Industry: Northeast Regional Banks

Industry

F

Ranked

#41 of 58

in industry

Featured Post From StockTwits About WBS

$WBS New SEC Filing: 8-K Other Events - WEBSTER FINANCIAL CORP (0000801337) August 09


Item 8.01. Other Events. As previously disclosed, on April 18, 2021, Webster Financial Corporation, a Delaware corporation ("Webster"), entered into an Agreement and Plan of Merger (as amended from time to time, the "merger agreement") with Sterling Bancorp, a Delaware corporation ("Sterling"). The merger agreement provides that, upon the terms and subject to the conditions set forth therein, Sterling will merge with and into Webster (the "merger"), with Webster as the surviving corporation in the merger. The merger agreement was unanimously approved by the board of directors of each of Webster and Sterling. In connection with the proposed merger, Webster filed with the Securities and Exchan (...)

https://mkn.re/92958
MarketNewswire, published August 10, 2021

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