Washington - The Justice Department late Friday dropped its antitrust objections to Key Bank of Maine's bid to acquire Casco Northern Bank.

Key Bank satisfied the department's concerns when it agreed to sell 11 southern Maine branches with $250 million of deposits as part of the deal, the agency said.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.