Eastern Bankshares, Inc. and HarborOne Bancorp, Inc. Reveal Merger Consideration Election Deadline, Projected Closing Date, and Expected Delisting of HarborOne Common Stock Related to the Merger
Written by Emily J. Thompson, Senior Investment Analyst
Source: Newsfilter
Merger Announcement: Eastern Bankshares, Inc. and HarborOne Bancorp, Inc. announced the merger of HarborOne into Eastern, effective shortly after midnight on November 1, 2025, with a deadline for shareholders to elect their preferred merger consideration by October 28, 2025.
Merger Consideration Options: HarborOne shareholders can choose between receiving 0.765 shares of Eastern common stock, $12.00 in cash per share, or a combination of both, with specific allocation and proration procedures outlined in the Merger Agreement.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
