SolutionHealth names Bradley Kreick its new CEO
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Bradley Kreick named as new Chief Executive Officer for SolutionHealth
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NH Business Review
Merger is ‘like a puzzle piece that just slid into place,’ says People’s New Hampshire president
February 26, 2021
Dianne Mercier is president of People’s United Bank in New Hampshire.
M&T Bank’s $7.6 billion pending acquisition of People’s United Financial, including its 25 branches in New Hampshire, will create an institution with more branches than any other bank in the Northeast, save for Bank of America.
Yet there probably won’t be any changes in the near future, except perhaps the name and the new entity will be traded on the New York Stock Exchange under the ticker symbol MTB. Holders of People’s shares will get 0.118% of a share of MTB stock for each of their shares in the all-stock transaction. That was about a 13&% premium over the Feb. 19 close before the Feb. 22 merger announcement.