KBW analysts are positive on People's United Financial, Inc. (NASDAQ: PBCT)'s planned acquisition of Suffolk Bancorp (NYSE: SCNB) for $402.3 million in an all-stock deal that would boost the former's Long Island presence.
WASHINGTON (dpa-AFX) - People's United Financial, Inc. (PBCT) Monday
announced a definitive agreement to acquire Suffolk Bancorp (SCNB) of Riverhead,
NY, the holding company for Suffolk County National Bank, in a 100 percent stock
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