Updated Thursday, July 31, 2014 as of 11:46 PM ET

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Why Hudson City's Decline Might Actually Help Its Buyer

Andy Peters

Deposits and assets have fallen, and some customers and employees have fled, while Hudson City in Paramus, N.J., has been stuck in an M&A limbo. But the situation might save buyer M&T Bank some headaches later if it can just close the deal.

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