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Description: NEW 1994 Franklin Websters Spelling Corrector Plus NCS-101. Denny's closes four Connecticut locations in less than two months Shop Electronics Websters Cream Size OS Other at a discounted price at Poshmark.Sterling shareholders are receiving cash in lieu of fractional shares.
With the merger, Sterling shareholders saw their common stock was converted into the right to receive roughly 0.4630 of a share of Webster’s common stock. Webster officials said customers will continue to bank as they had before at existing centers and through Webster's and Sterling's websites and mobile applications. Sterling Bancorp had been based in New York’s Rockland County. Kopnisky said the completion of the merger “brings the best of our banks together, promising an elevated experience for our clients and colleagues as the financial services industry evolves.” Jack Kopnisky, who had been chief executive officer of Sterling Bancorp, is now the executive chairman of Webster Financial’s board of directors. “Our bank will have enhanced scale, significant loan growth potential, best-in-class deposit franchises and a longstanding commitment to community development and corporate citizenship,” Ciulla said. John Ciulla, president and chief executive officer of the newly combined bank, called the completion of the merger “a transformative moment in Webster’s history that will greatly benefit our colleagues, clients, communities and shareholders.”
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