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Northwest Bank closes sale of retirement services subsidiary

Northwest Bancshares Inc. unit Northwest Bank completed the sale of its retirement services subsidiary, Boetger & Associates Inc., to Don Boetger.

The deal closed Dec. 8, 2017, according to a Form 10-K.

While operating as a subsidiary of Northwest Bank, Boetger & Associates had a net income of $62,000 for the year ended Dec. 31, 2017.