Announced
Financials
Tags
Banks
Acquisition
Public
Domestic
Single Bidder
Majority
banking services
Friendly
Pending
United States
Synopsis
Hometown, a multi-bank holding company, agreed to acquire Randolph, a bank holding company, for $147m. Randolph shareholders will receive $27 in cash for each share of Randolph common stock. “With the addition of Envision Bank, we more than double our full-service locations and assets in eastern Massachusetts. We are very excited to share the significant resources of Hometown Financial Group with the employees and customers of Envision Bank," Matthew S. Sosik, Hometown CEO.
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