Provident, Lakeland banks clinch $1.3B merger agreement
Provident and Lakeland banks said they signed a deal under which the companies will combine in a merger valued at about $1.3 billion.
Source: njbiz.com
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Provident and Lakeland banks said they signed a deal under which the companies will combine in a merger valued at about $1.3 billion.
Provident Financial Services, the parent company of Provident Bank, and Lakeland Bancorp, Inc., the parent company of Lakeland Bank, announced that they have entered into a definitive merger agreement pursuant to which the companies will combine in an all-stock merger, valued at approximately $1.3 billion. The merger combines two complementary...