In Brief: Compass Hires Skadden For Mass. Thrift Bidding

CompassBank said Friday it has hired the New York law firm Skadden, Arps, Slate, Meagher & Flom to represent it in its bid for Sandwich Bancorp.

CompassBank and Sandwich agreed Feb. 2 to a deal. Since then, three other banks - Cape Cod Bank and Trust Co., Independent Bank Corp., and FirstFed America Bancorp - have submitted competing bids to buy the thrift.

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