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The Federal Reserve has been on a roll approving regional bank acquisitions with more to come, even as the Department of Justice is cracking down on mergers.
Hudson City Bancorp (HCBK) shares are down after the company's $3.7 billion merger with M&T Bank gained regulatory approval three years after the deal was announced.
Hudson City Bancorp (HCBK) shares are lower after the Federal Reserve approves the bank's merger with M&T Bank (MTB) afer three years.
Hudson City Bancorp (HCBK) stock is climbing in early afternoon trading on Wednesday, after the Fed approved M&T Bank's acquisition of the company.