People's Bank (PBCT) to acquire Financial Federal (FIF) - a provider of loans for heavy-duty...

|About: People's United Financi... (PBCT)|By:, SA News Editor

People's Bank (PBCT) to acquire Financial Federal (FIF) - a provider of loans for heavy-duty industrial and commercial equipment - for cash and stock valued at $738M, or $27.74/share based on Friday's close. (PR) FIF +37.5% premarket to $28.25. PBCT +3.2% to $17.