Webster Financial Corporation /
Sterling Bancorp
Webster Financial Corporation completes merger with Sterling Bancorp
- Terms
- Not stated
- Stage
- Closed
What happened
Webster Financial Corporation and Sterling Bancorp completed their merger on January 31, 2022, with Webster Financial Corporation as the surviving corporation. Sterling shareholders received 0.4630 of a share of Webster common stock for each share of Sterling common stock, with cash paid in lieu of fractional shares.
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Webster Financial Corporation completes merger with Sterling Bancorp
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