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Eastern Bankshares, Inc. and HarborOne Bancorp, Inc. Enter Into Definitive Agreement To Merge

1. Eastern Bankshares and HarborOne Bancorp announced a definitive merger agreement. 2. The merger will involve a stock and cash transaction.

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FAQ

Why Bullish?

Mergers often enhance market confidence and can lead to stock price appreciation. For example, past bank mergers have frequently boosted shareholder value.

How important is it?

This merger is a significant corporate event likely to influence EBC's stock performance positively.

Why Long Term?

The benefits of mergers typically materialize over time as companies integrate and realize operational efficiencies.

Related Companies

HONE
BOSTON & BROCKTON, Mass.--(BUSINESS WIRE)--Eastern Bankshares, Inc. (“Eastern” or “the Company”) (Nasdaq: EBC), the holding company for Eastern Bank, and HarborOne Bancorp (“HarborOne”) (Nasdaq: HONE), the holding company for HarborOne Bank, today jointly announced they have entered into a definitive merger agreement pursuant to which HarborOne will merge with and into Eastern in a stock and cash transaction. Under the terms of the merger agreement, which has been unanimously adopted by both bo.

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