APR 7·Stock Titan▲
Flushing (NASDAQ: FFIC) shareholders approve OceanFirst stock merger terms
Flushing Financial Corporation (NASDAQ: FFIC) shareholders have approved the proposed merger with OceanFirst Financial Corp., with 24,102,136 votes in favor. Each Flushing share will convert into 0.85 shares of OceanFirst common stock. While state banking regulators have granted approval, the merger still requires Federal Reserve approval and other customary closing conditions.
APR 7·Minichart▲
OceanFirst Financial and Flushing Financial Receive Key Approvals for Pending Merger Transaction
OceanFirst Financial Corp. and Flushing Financial Corporation have received key shareholder and regulatory approvals for their pending merger, including from the New York State Department of Financial Services and the Office of the Comptroller of the Currency. The transaction, which aims to create a larger regional banking institution, still requires approval from the Federal Reserve and is subject to various closing conditions and risk factors. Shareholders are advised to monitor further announcements and review SEC filings for detailed information.