Independent Bank Corp
* Independent Bank Corp. and Island Bancorp Inc. sign merger agreement for Rockland Trust Company to acquire the Edgartown National Bank
* Independent Bank Corp – anticipates transaction will be accretive to 2018 earnings
* Independent Bank Corp – transaction is valued at approximately $24.5 million
* Independent anticipates issuing approximately 369,311 shares of its common stock in merger
* Independent Bank Corp – each share of Island Bancorp stock will be exchanged for either 9.525 shares of independent common stock or $500 in cash Source text for Eikon: Further company coverage:
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Source: Reuters.com