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People's United Financial Inc. Message Board

  • stoex@att.net stoex Aug 5, 2011 3:46 PM Flag

    Merger Handled Badly

    PBCT handled the merger of DNBK so poorly. With securities being held in street name, electronics makes depositing shares into the accounts a click away, yet PBCT came up with a bird brain excuse that it all takes time. NOT!
    The result is shareholders receiving PBCT shares rather than cash were held captive and could NOT make investment decsions with changing market conditions.

 
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