Fulton Financial (FULT) has acquired a minority stake in Bryn Mawr Bank (BMTC), the result of Bryn Mawr's largest shareholder liquidating its holding.

Fulton, a $16.3 billion-asset multi-bank holding company based in Lancaster, Pa., has acquired a 7.3% stake – or about 970,000 shares – in Bryn Mawr, according to documents filed with the Securities and Exchange Commission Tuesday. The purchase price was not included in the filing, but Bryn Mawr's shares have been trading between $20 and $23 over the last two months.

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