Berkshire Hills provides supplemental merger disclosures in response to shareholder lawsuits

Beacon Financial Corp

Received four demand letters and two shareholder suits (Walsh, Clark) alleging proxy omissions between Apr 12 and May 8.
Denies allegations but issues Supplemental Disclosures to moot claims and avoid delays to merger close.
Supplements add detail on RP Financial, Cobblestone engagements and Raymond James's DCF and pro forma analyses.
Merger consideration and May 21 stockholder meeting dates unchanged; company expects no impact on closing.

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