Northeast Federal Corp. has postponed a meeting this week at which shareholders were to consider the thrift's $171.2 million acquisition by Shawmut National Corp.

Northeast, a $3.5 billion-asset thrift, moved the meeting from April 14 to May 11, the third postponement of a meeting originally scheduled for late January.

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.