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Rockland Trust to buy Milford National Bank for $54M

Milford National Bank and Trust Co. is being acquired by Rockland Trust for $54.2 million in a cash-and-stock deal, the financial institutions jointly announced Tuesday. 
According to the release, Independent Bank Corp., the parent of Rockland Trust, is acquiring MNB Bancorp., the parent of Milford National. The deal is expected to close in the fourth quarter.
Rockland Trust, already with a presence in Milfo ...

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