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AI brief of an SEC Form 8-K · Beacon Financial (BBT)

Beacon Financial completes merger of equals with Brookline Bancorp

Neutral Impact 5 of 5 m&a Written later

Berkshire Hills Bancorp completed its merger of equals with Brookline Bancorp on September 1, 2025, and renamed itself Beacon Financial Corporation, with its NYSE ticker changing from BHLB to BBT. Each Brookline share converted into the right to receive 0.42 shares of Beacon common stock, and Berkshire Hills shareholders' shares were unaffected. The filing reports no financial results, and the company said its focus now turns to integrating banking systems.

Key points

  • Merger completed September 1, 2025; Brookline shares converted at 0.42 Beacon shares each
  • About 84,272,242 Beacon common shares outstanding immediately after closing
  • Board expanded to 16 directors; Paul A. Perrault named President and CEO

The filing

CompanyBeacon Financial (BBT)
Form8-K, current report
Filed with the SECSep 2, 2025, 8:34 AM ET
Accession number0001104659-25-086043

Items reported: 2.01 Acquisition or Disposition Completed2.03 New Direct Financial Obligation3.01 Delisting / Listing Rule Notice5.02 Director / Officer Change5.03 Bylaw / Charter Amendment8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 02, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.