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Stock Market & Financial Investment News

News Breaks
March 6, 2013
08:37 EDTMTBM&T Bank says Hudson City merger accretive to earnings in 2013
The merger will be accretive to earnings in high single digits in 2014. The company expects $120M of pre-tax merger-related expenses in 2013-2014. Comments taken from slides for Citigroup U.S. Financial Services Conference.
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August 28, 2014
07:24 EDTMTBLong delay for M&T, Hudson tie-up raises questions, chills mergers, WSJ says
Regulators at the Federal Reserve have held up M&T Bank's (MTB) planned $3.7B acquisition of Hudson City Bancorp (HCBK) for two years, raising questions about why it is taking so long to close the deal and potentially also making other banks afraid to do deals, said The Wall Street Journal. Reference Link

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