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Berkshire Hills Bancorp and Brookline Bancorp, both based in Boston, are reportedly in discussions to merge in a deal valued at approximately $1.1 billion. The merger is characterized as a 'merger of equals,' with Brookline set to merge into Berkshire Hills in an all-stock transaction. The deal values Brookline's common stock at $12.68 per share. This merger aims to create a premier banking franchise in the Northeast. Additionally, concerns have been raised regarding whether Brookline Bancorp is securing a fair price for its shareholders, prompting an investigation by Ademi LLP.
Dividend 15 Split Corp. announces new investment in 15 top Canadian stocks, featuring key holdings in Royal Bank of Canada and Canadian Imperial Bank of Commerce. #investment #Canadianmarket $NDXP
Shareholder Alert: Ademi LLP Investigates Whether Brookline Bancorp, Inc. Is Obtaining a Fair Price for Its Public Shareholders https://t.co/TsrqCzyaG5 https://t.co/DZmcWu3HxG
Dividend 15 Split Corp. II makes strategic investments in 15 high-performing Canadian dividend-yielding stocks, such as Manulife, CIBC, RBC, National Bank, and Sun Life. $NDXP