(Reuters) - Chittenden shareholders will receive $20.35 plus 0.8775 times the average closing price of People's United in the five days prior to closing.
People's United said it will pay 55 percent of the purchase price, or roughly $1 billion, in cash.
Read more at Reuters.com Mergers News
People's United said it will pay 55 percent of the purchase price, or roughly $1 billion, in cash.
Read more at Reuters.com Mergers News
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