Continuing its march across northeastern New England, Peoples Heritage Financial Group Inc. has agreed to buy Haverhill, Mass.-based Family Bancorp for $113.2 million in stock.

The deal - its first foray into neighboring Massachusetts - would bring the Portland, Maine-based thrift closer to the Boston market. The acquisition would make Peoples Heritage a $5.1 billion-asset company, with branches in Maine, New Hampshire, and Massachusetts. Family currently has $887 million in assets.

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