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One more approval to go for M&T Bank’s $7.6 billion merger

One key threshold remains: approval from the Federal Reserve Board.

BUFFALO, N.Y. — The finish line is in sight for M&T Bank’s proposed $7.6 billion acquisition of People’s United Bank.

One key threshold remains: approval from the Federal Reserve Board.

The bank said in its February announcement of the deal that it expected it to be completed in the fourth quarter.

Read the full story from our partners a Buffalo Business First.  

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