Live In Play®
Updated: 14-Mar-18 18:01 ET
CWAY:  Coastway Bancorp will be acquired for by HarborOne (HONE) for $125.6 mln in cash or $28.25/share  (22.50 +0.26)
  • "This is a strategic acquisition for HarborOne, and a great fit with our growth plan. The Rhode Island market is incredibly attractive to us, and Coastway's established position provides a natural extension of our successful Commercial Lending business in Rhode Island. This is a unique opportunity for HarborOne to access excellent customer demographics and grow our business," said James Blake, President and Chief Executive Officer of HarborOne Bancorp.
  • The transaction is expected to close in the second half of 2018 and is subject to customary closing conditions, including the approval of the stockholders of Coastway and required regulatory approvals.
Cookies are essential for making our site work. By using our site, you consent to the use of these cookies. Read our cookie policy to learn more.