REFILE-M&T-Hudson City merger stalled again

April 6, 2015 3:47 PM

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April 6 (Reuters) - M&T Bank Corp said its proposed takeover of Hudson City Bancorp Inc won't close by May 1 as planned because the Federal Reserve will be unable to complete a review by then.

M&T, based in Buffalo, New York, agreed to buy Paramus, New Jersey-based Hudson City for $3.7 billion in 2012, but the lenders have been forced to extend the termination date several times because of regulatory concerns. (

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