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Westminster takes cue from May sunshine

WESTMINSTER Westminster residents on Saturday approved the proposed $2.1 million town budget, after rejecting a bid to reduce its spending on the Windham County Sheriff s Department for police coverage.

M&T buys People s United Bank

BRATTLEBORO — People’s United Bank is being purchased for about $7.6 billion. Last week, M&T Bank Corporation and People’s United Financial Inc. announced they have entered into a definitive agreement where M&T will acquire People’s United in an all-stock transaction. “The combined company will create a diversified, community-focused banking franchise with approximately $200 billion in assets and a network of more than 1,100 branches and over 2,000 ATMs that spans 12 states from Maine to Virginia and the District of Columbia,” states a news release. “The combined franchise will operate across some of the most populated and attractive banking markets in the U.S. As part of the transaction, People’s United’s current headquarters in Bridgeport, Conn., will become the New England regional headquarters for M&T, further strengthening the combined company’s commitment to Connecticut and the region.”

Groundworks Collaborative s new facility nears completion

Don t miss the big stories. Like us on Facebook.   BRATTLEBORO — Groundworks Collaborative is coming close to concluding a major construction project at 54 South Main St., where its seasonal overflow shelter and other services will soon be based. “We’ve really made excellent progress on the new building,” said Josh Davis, executive director of Groundworks. “We couldn’t do it without the generous support of the town, our supporters at large, our donors in the community. We’re excited to have a grand opening at some point when it’s safe to do so.” The start of construction was pushed back a couple of months to May due to the coronavirus pandemic. Other related challenges involved an increase in material costs and delays in procurement.

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