Acquisition | BLUE HILLS BANCORP INC | 1st April 2019
Due to the acquisition of BLUE HILLS BANCORP INC by INDEPENDENT BANK CORP/MA, the following treatment will be applied to the following indices.
Solactive US Broad Market Index
Solactive US Extended Broad Market Index
Solactive US Small Cap Index
Solactive US Small & Mid Cap Index
- BLUE HILLS BANCORP INC will be removed from the Index.
- The weight of BLUE HILLS BANCORP INC based on its last close price will be distributed pro rata to remaining Index constituents.
- Effective Date (open): 04/01/2019.
Solactive US Established Companies Index
- BLUE HILLS BANCORP INC will be removed from the Index.
- The shares of INDEPENDENT BANK CORP/MA will be increased according to the stock terms of the transaction.
- The cash portion of the transaction will be distributed pro rata to remaining Index constituents.
- Effective Date (open): 04/01/2019.