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The latest announcement is out from Enterprise Bancorp ( (EBTC) ).
Enterprise Bancorp, Inc. has announced a merger agreement with Independent Bank Corp., where Enterprise will merge into Independent, making Independent the surviving corporation. As part of this transaction, Enterprise Bank has entered into a Retention Bonus Agreement with Joseph R. Lussier, offering him a $100,000 retention bonus to be paid in two installments, contingent on his continued employment through the merger’s completion.
More about Enterprise Bancorp
Enterprise Bancorp, Inc. operates in the financial services industry, primarily through its wholly owned subsidiary, Enterprise Bank and Trust Company, which is a Massachusetts-chartered trust company.
YTD Price Performance: 27.22%
Average Trading Volume: 30,029
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $493.2M
See more data about EBTC stock on TipRanks’ Stock Analysis page.
