Independent Bank Corp. and Enterprise Bancorp, Inc. Sign Merger Agreement for Rockland Trust to Acquire Enterprise Bank
Independent Bank Corp. (INDB)
Last independent bank corp. earnings: 4/23 04:10 pm
Check Earnings Report
US:NASDAQ Investor Relations:
independentbankgroup.gcs-web.com/investor-relations
Company Research
Source: Business Wire
The agreement will unite two relationship-driven organizations and expand Rockland Trust’s footprint into northern Massachusetts and southern New Hampshire. ROCKLAND, Mass. & LOWELL, Mass.--(BUSINESS WIRE)--Independent Bank Corp. (NASDAQ Global Select Market : INDB) (“Independent”), parent of Rockland Trust Company (“Rockland Trust”), and Enterprise Bancorp, Inc. (NASDAQ Global Select Market: EBTC) (“Enterprise”), parent of Enterprise Bank and Trust Company (“Enterprise Bank”), have signed a definitive merger agreement pursuant to which Enterprise will merge into Independent and Enterprise Bank will merge into Rockland Trust in a cash and stock transaction for total consideration valued at approximately $562 million in aggregate, or $45.06 per share based on the Independent closing price of $71.77 on December 6, 2024.The merger agreement provides that Enterprise shareholders will receive 0.60 shares of Independent common stock and $2.00 in cash for each share of Enterprise common s
Show less
Read more
Impact Snapshot
Event Time:
INDB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
INDB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
INDB alerts
High impacting Independent Bank Corp. news events
Weekly update
A roundup of the hottest topics
INDB
News
- 2025 strategy, Musk vs Trump, shopping: Market Domination Overtime [Yahoo! Finance Canada]Yahoo! Finance Canada
- 2025 strategy, Musk vs Trump, shopping: Market Domination Overtime [Yahoo! Finance]Yahoo! Finance
- From Flights to Festivities: 5 Budgeting Tips for Holiday Travel Costs [Yahoo! Finance]Yahoo! Finance
- From Flights to Festivities: 5 Budgeting Tips for Holiday Travel Costs [Yahoo! Finance Canada]Yahoo! Finance Canada
- KBRA Comments on Enterprise Bancorp, Inc.'s Proposed Merger Agreement with Independent Bank Corp. [Yahoo! Finance]Yahoo! Finance
INDB
Earnings
- 10/17/24 - Miss
INDB
Sec Filings
- 12/12/24 - Form 8-K
- 12/9/24 - Form 8-K
- 12/9/24 - Form 8-K
- INDB's page on the SEC website