Hogan Lovells 2024 Election Impact and Congressional Outlook Report
Upon completion of the merger, the combined company is expected to have approximately US$27.1 billion in total assets, US$18.0 billion of total loans, US$22.6 billion of deposits and US$7.6 billion of assets under management and administration. The merger is expected to be completed during the first quarter of 2024, subject to certain conditions, including the receipt of required regulatory approvals; and approval by Cambridge and Eastern shareholders.
The Hogan Lovells team was led by Washington, D. C. Corporate & Finance partner Richard Schaberg, with support from Corporate & Finance partner Les Reese, Benefits partner Meg McIntyre, and Corporate & finance senior associate Brendan Oldham (all Washington, D.C.).
More details on the transaction can be found here.