Webster Announces Repurchase of U.S. Treasury Warrants

by Allie Wickman, Benzinga Staff Writer
June 3, 2011 9:00 AM | 16 seconds read |
Webster Financial Corporation WBS announced today that it had acquired 2,282,276 warrants to purchase Webster common stock for $14.4 million in an auction conducted on June 2, 2011 by Deutsche Bank Securities on behalf of the U.S. Treasury. The transaction is expected to close on June 8, 2011.
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