Eastern Bankshares, Inc. Announces Receipt of Regulatory Approvals, Closing Date of Conversion and Final Results of Stock Offering

BOSTON–(BUSINESS WIRE)–Eastern Bankshares, Inc. (the “Company”), a Massachusetts corporation and the proposed holding company for Eastern Bank, announced today that it has received all required regulatory approvals and intends to close the mutual-to-stock conversion of Eastern Bank Corporation and the subscription offering of common stock of the Company on October 14, 2020. The Company also announced that it intends to sell 179,287,828 shares of common stock at $10.00 per share in the subscri