BRIEF-Mechanics Bank And Homestreet, Inc. Announce Strategic Merger

Reuters

03/31

March 31 (Reuters) - HomeStreet Inc HMST.O:

MECHANICS BANK AND HOMESTREET, INC. ANNOUNCE STRATEGIC MERGER
HOMESTREET-DEAL VALUES HOMESTREET AT PRE-TRANSACTION ESTIMATED EQUITY VALUE $300 MILLION, MECHANICS BANK AT PRE-DEAL ESTIMATED EQUITY VALUE $3.3 BILLION
HOMESTREET- UPON COMPLETION OF MERGER, EXISTING HOMESTREET SHAREHOLDERS EXPECTED TO OWN ABOUT 8.3% OF COMBINED CO

Source text: ID:nBw7phFh5a

Further company coverage: HMST.O

((Reuters.Briefs@thomsonreuters.com;))

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Announce Strategic Merger\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-03-31 19:03</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BRIEF-Mechanics Bank And Homestreet, Inc. Announce Strategic Merger</title></head><body><p><span>March 31 (Reuters)</span><span> - </span><a href=\"https://laohu8.com/S/HMST\">HomeStreet</a> Inc <span>HMST.O</span>:</p><ul><li><p>MECHANICS BANK AND HOMESTREET, INC. ANNOUNCE STRATEGIC MERGER</p></li><li><p>HOMESTREET-DEAL VALUES HOMESTREET AT PRE-TRANSACTION ESTIMATED EQUITY VALUE $300 MILLION, MECHANICS BANK AT PRE-DEAL ESTIMATED EQUITY VALUE $3.3 BILLION</p></li><li><p>HOMESTREET- UPON COMPLETION OF MERGER, EXISTING HOMESTREET SHAREHOLDERS EXPECTED TO OWN ABOUT 8.3% OF COMBINED CO</p></li></ul><p>Source text: <span>ID:nBw7phFh5a</span></p><p>Further company coverage: <span>HMST.O</span></p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MCHB","symbol_name":"Mechanics Bancorp","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250331:nTUAGLT6N:1","article_id":"2523091731","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2523091731","pubTimestamp":1743419037,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BRIEF-Mechanics Bank And Homestreet, Inc. 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