Bryn Mawr Bank Corp. in Pennsylvania said it has agreed to buy the private wealth operations of the Hershey Trust Co.

The $1.7 billion-asset company did not disclose the price of the cash-and-stock deal. The acquisition would add $1.1 billion of assets under management to Bryn Mawr Trust Co.'s wealth management division.

The deal was announced Monday and is expected to close in the second quarter.

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