Wednesday, May 20, 2020

Equity Corporate Actions Alert #2020 - 88
(UPDATED) Information Regarding the Merger of Wellesley Bancorp, Inc. (WEBK)


  • Industry Announcement

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At a special meeting held on March 12, 2020, the shareholders of Wellesley Bancorp, Inc. (WEBK) approved a merger with Cambridge Bancorp (CATC). The merger will be effective at 12:01 am on June 1, 2020. The suspension details are as follows:

Company Name/Issue: Wellesley Bancorp, Inc. Common Stock
CUSIP#: 949485106
Symbol: WEBK
Last Trading Date: May 29, 2020
Marketplace Effective Date for Suspension: June 1, 2020
Merger Consideration: .58 of a share of Cambridge Bancorp (CATC) for each share held.

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