Independent Bank Corp, Meridian Bancorp to merge in $1.1bn deal
Independent Bank Corp., the holding company of Rockland Trust Company, and Meridian Bancorp, the parent company of East Boston Savings Bank, have agreed to merge into an all-stock deal worth around $1.15 billion. Both the bank holding companies are based in Massachusetts. As per the terms of the deal, Meridian Bancorp’s shareholders will exchange each […]