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Eastern Bankshares And Cambridge Bancorp Announce Regulatory Approvals Received To Merge

Author: Benzinga Newsdesk | May 28, 2024 08:44am

Eastern Bankshares, Inc. ("Eastern") (NASDAQ Global Select Market: EBC), the stock holding company for Eastern Bank, and Cambridge Bancorp (NASDAQ:CATC) ("Cambridge"), the parent company of Cambridge Trust Company, today jointly announced they have received all necessary regulatory approvals to complete their proposed merger (the "Merger"), which was previously announced on September 19, 2023. The Merger is expected to close on or about July 12, 2024.

Posted In: CATC EBC