m_and_a
confidence high
sentiment positive
materiality 0.85
HarborOne shareholders approve merger with Eastern Bankshares; 97% votes in favor
HarborOne Bancorp, Inc.
- Merger proposal approved: 31,900,494 For (96.7%), 956,466 Against, 145,111 Abstain.
- Advisory compensation proposal approved: 29,117,950 For (88.2%), 3,392,882 Against, 491,239 Abstain.
- Adjournment proposal not required; no vote taken as sufficient votes existed.
- Merger agreement dated April 24, 2025; closing subject to regulatory approvals.
- HarborOne will merge into Eastern; HarborOne Bank to merge into Eastern Bank post-closing.
item 5.07