HCBK (+15.99%) Hudson City Bancorp Inc. agreed to be acquired by M&T Bank Corp. for about $3.7 billion, giving the Buffalo, N.Y.-based M&T Bank a franchise stretching from Connecticut to Virginia.
Hudson City shareholders will receive 0.08403 of an M&T share, or about $7.22 a share, a 12% premium to Friday's close, for each Hudson City share they own. Shareholders can choose to ...
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