Further Fed Delay Creates Uncertainty In $3.7B Bank Merger
By Jessica Corso ( April 6, 2015, 5:36 PM EDT) -- Hudson City Bancorp Inc. and M&T Bank Corp. announced to shareholders Monday that they could expect further delays in the companies' proposed $3.7 billion merger after the Federal Reserve told the banks it wouldn't complete the merger review before the May 1 closing deadline....
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