Market Overview

Brookline Bancorp, Inc. Acquisition of First Ipswich Bancorp Receives All Required Regulatory Approvals

First Ipswich Bancorp (OTC: FIWC) announced today that all of the required regulatory approvals for Brookline Bancorp, Inc. (NASDAQ: BRKL) to acquire First Ipswich have been received.

The acquisition was previously approved by First Ipswich's shareholders.

Brookline and First Ipswich may close the acquisition following the completion of a mandatory waiting period that expires at the end of February and the satisfaction or waiver of other customary closing conditions. First Ipswich anticipates that the acquisition will close after the end of the mandatory waiting period.

Posted-In: News M&A

 

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