Beacon Financial Corporation /
Brookline Bancorp, Inc.
Beacon Financial and Brookline Bancorp complete merger of equals
Source for the buyer and target: Brookline Bancorp, Inc.
For the buyer and target.
“On September 1, 2025, Brookline Bancorp, Inc., a Delaware corporation (“Brookline”), completed its previously announced merger of equals transaction with Beacon Financial Corporation, Inc., a Delaware corporation previously known as “Berkshire Hills Bancorp, Inc.” (the “Company” or “Beacon Financial”), pursuant to the Agreement and Plan of Merger, dated as of December 16, 2024, by and among the Company, Commerce Acquisition Sub, Inc. and Brookline (the “Merger Agreement”).”
Published 2 Sep 2025
Open the sourceWhat happened
Beacon Financial Corporation and Brookline Bancorp, Inc. completed their merger of equals transaction on September 1, 2025. The resulting corporation changed its name to Beacon Financial Corporation. [01]
Brookline shareholders received 0.42 shares of Beacon Financial common stock for each share of Brookline common stock, with cash in lieu of fractional shares. [01]
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Beacon Financial and Brookline Bancorp complete merger of equals
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“Beacon Financial and Brookline Bancorp complete merger of equals Beacon Financial Corporation and Brookline Bancorp, Inc. completed their merger of equals transaction on September 1, 2025”
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