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Webster Financial, Sterling Bancorp receive shareholders approval on proposed merger

Aug. 17, 2021 5:20 PM ETWebster Financial Corporation (WBS) Stock, STL StockBy: Preeti Singh, SA News Editor
  • Webster Financial (NYSE:WBS) and Sterling Bancorp's (NYSE:STL) shareholders have approved the proposed merger between the companies, with the transaction expected to close in the fourth quarter of 2021.
  • Webster Financial and Sterling Bancorp agreed to merge in an all-stock deal

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