Tuesday, November 29, 2022
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People’s United $544M acquisition of Farmington Bank expected to close Monday

Farmington's owners also approved an advisory measure regarding a $14.8 million package of severance and other cash payments payable to its top executives.

Aftermath of People’s United deal for Farmington Bank: Job cuts, millions...

The acquisition, expected to close within the next few weeks, would result in 95 job losses at Farmington Bank's corporate headquarters.