WSFS Financial Corporation to Combine with Bryn Mawr Bank Corporation, Solidifies Position as the Premier Bank and Wealth Management Franchise in the Greater Philadelphia and Delaware Region
WILMINGTON, Del. and BRYN MAWR, Pa. – WSFS Financial Corporation (NASDAQ: WSFS) and Bryn Mawr Bank Corporation (NASDAQ: Bryn Mawr TrustC), jointly announced today the signing of a definitive merger agreement whereby Bryn Mawr Bank Corporation (“Bryn Mawr”) will merge with WSFS Financial Corporation (“WSFS”), in a transaction valued at approximately $976.4 million. Simultaneously with the merger, The Bryn Mawr Trust Company (“Bryn Mawr Trust”), the wholly owned subsidiary of Bryn Mawr, will merge into WSFS Bank, a wholly owned subsidiary of WSFS.
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In our weekly video series, we highlight one observation we think is most important regarding the economy and the financial markets.
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In our weekly video series, we highlight one observation we think is most important regarding the economy and the financial markets.
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In our weekly video series, we highlight one observation we think is most important regarding the economy and the financial markets.
This week we talk about Midterm Elections and the Markets.
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This week we talk about the worst month of the year for stocks.