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Hudson City Bancorp, Inc. Message Board

  • wooglin_kai wooglin_kai Sep 20, 2012 1:26 PM Flag

    Remember Wilmington Trust? (now part of MTB)

     

    Every scenario is different and Wilmington Trust was in poor shape.

    For perspective:

    "On November 1, 2010, Wilmington Trust announced a merger with M&T Bank, of Buffalo, New York. The deal valued the 107-year-old Wilmington Trust at $3.84 a share, or 46 percent less than its closing price Oct. 29. Investors received 0.051 shares of Buffalo-based M&T for each Wilmington share."

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