HomeStreet, Mechanics Bank Planned Merger Receives Regulatory Approvals

MT Newswires Live

08/19

HomeStreet (HMST) and Mechanics Bank said Tuesday they have received the regulatory approvals required for their planned merger.

Under the terms of the merger, expected to close around Sept. 2, HomeStreet will be renamed to Mechanics Bancorp and will remain a publicly traded company, according to the joint statement.

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