Activist HoldCo has a stake in Eastern Bankshares and is advocating for its sale, according to sources.
BOSTON, Oct 17 Activist investor Holdco Asset Management has taken a significant stake in Eastern Bancshares (EBC.O), as the well-known Boston financial institution is leaning towards putting itself up for sale rather than pursuing further acquisitions. This shift comes amidst discussions with stakeholders who have expressed their views on the matter. Holdco has recently acquired […]