secwatch.observer — SEC 8-K summary
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Issuer:     BROOKLINE BANCORP INC (—)
CIK:        0001049782
Form:       8-K
Filed at:   2023-01-05T23:59:59+00:00
Accession:  0001104659-23-001440
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brookline Bancorp completes $298M acquisition of PCSB Financial; adds NY presence
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- Acquisition of PCSB Financial (NASDAQ: PCSB) closed Jan 1, 2023; total consideration ~$297.8M.
- Each PCSB share elects $22.00 cash or 1.3284 BRKL shares, with 60% stock conversion floor.
- Willard I. Hill, Jr. appointed to Brookline board; Michael P. Goldrick becomes PCSB Bank President & CEO.
- PCSB Bank operates as separate subsidiary with 15 branches in Lower Hudson Valley, NY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1049782/000110465923001440/0001104659-23-001440-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1049782/000110465923001440/tm231432d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-001440

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