PR Newswire | Feb 22, 2021 04:31PM EST

Financial, Inc.

02/22 15:30 CST

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of People's United Financial, Inc. NEW YORK, Feb. 22, 2021

NEW YORK, Feb. 22, 2021 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by People's United Financial, Inc. (NASDAQ: PBCT) and its board of directors concerning the proposed acquisition of the company by M&T Bank Corporation (NYSE: MTB). Stockholders will receive 0.118 shares of M&T Bank common stock for each share of People's United Financial stock that they hold. The transaction is valued at approximately $7.6 billion and is expected to close in the fourth quarter of 2021.

If you are a stockholder of People's United Financial, Inc. and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/pbct/. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at info@rowleylawpllc.com, or by telephone at 914-400-1920 or 844-400-4643 (toll-free).

Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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SOURCE Rowley Law PLLC