Independent Bank Corp. to acquire Enterprise Bancorp in stock-and-cash deal

INDEPENDENT BANK CORP

Each Enterprise share to receive 0.60 INDB shares plus $2.00 cash; expected close H2 2025.
Enterprise directors and officers holding ~20.42% of shares have agreed to vote in favor.
Merger agreement unanimously approved by both boards; subject to regulatory and shareholder approval.
Termination fee of $22.488M payable by Enterprise under certain circumstances.
Two Enterprise directors to join Independent and Rockland Trust boards at closing.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.