HarborOne Bancorp (HONE) Acquisition Completion
- Event: HarborOne Bancorp completed its merger with Eastern Bankshares, Inc. (Eastern) effective November 1, 2025.
- Consideration: HONE shareholders received either stock or cash, subject to proration:
- Stock: 0.765 shares of Eastern common stock.
- Cash: $12.00 per share.
- Final Split: Post-proration, approximately 84.99% of shares received stock consideration, and 15.01% received cash.
- Eastern issued roughly 41.43 million shares of its common stock.
- Governance Change: Effectiv