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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Thu., Feb. 25, 10:20 PM

Slide #26. M&T Bank Corporation People's United Financial, Inc.

Acquirer: M&T Bank Corporation (MTB)
Acquiree: People's United Financial, Inc. (PBCT)
Details: M&T Bank Corporation (NYSE: MTB) ("M&T") and People's United Financial, Inc. (NASDAQ: PBCT) ("People's United") announced today that they have entered into a definitive agreement under which M&T will acquire People's United in an all-stock transaction.

M&T Bank is a bank holding company. Through its subsidiaries, Co. provides individuals, corporations and other businesses, and institutions with commercial and retail banking services, including loans and deposits, trust, mortgage banking, asset management, insurance and other financial services. Banking activities are primarily focused on consumers residing in New York State, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and the District of Columbia and on small and medium-size businesses based in those areas. Certain subsidiaries also conduct activities in other areas.

M and T Bank SEC Filing Email Alerts Service

Preferreds: MTB.PR, MTB.PRC, MTB.PRA



Open the MTB Page at The Online Investor »

M&T Bank is a bank holding company. Through its subsidiaries, Co. provides individuals, corporations and other businesses, and institutions with commercial and retail banking services, including loans and deposits, trust, mortgage banking, asset management, insurance and other financial services. Banking activities are primarily focused on consumers residing in New York State, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and the District of Columbia and on small and medium-size businesses based in those areas. Certain subsidiaries also conduct activities in other areas.

M and T Bank SEC Filing Email Alerts Service

Preferreds: MTB.PR, MTB.PRC, MTB.PRA



Open the PBCT Page at The Online Investor »

Company Name:  M & T Bank Corp
Stock buyback:  MTB buyback
Website:  www.mtb.com
Sector:  Banking & Savings
Number of ETFs Holding MTB:  107
Total Market Value Held by ETFs:  $3.31B
Total Market Capitalization:  $20.50B
% of Market Cap. Held by ETFs:  16.16%
Company Name:  People's United Financial Inc
Stock buyback:  PBCT buyback
Website:  www.peoples.com
Sector:  Banking & Savings
Number of ETFs Holding PBCT:  94
Total Market Value Held by ETFs:  $2.40B
Total Market Capitalization:  $7.96B
% of Market Cap. Held by ETFs:  30.22%
 

February 25, 2021    10:20 PM Eastern
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