Judge Finds Banks’ Proxy Statements Over Merger Not Misleading

( April 9, 2026, 2:53 PM EDT) -- WILMINGTON, Del. — In the latest decision in a long-running case brought by shareholders regarding the merger between M&T Bank Corp. and Hudson City Bancorp Inc., a federal judge in Delaware granted summary judgment in favor of the banks and their respective directors, finding that the banks did not provide any misleading information in their joint proxy statement informing shareholders of the merger....