NasdaqGS:OCFCBanks
OceanFirst Merger Advances As Shareholders Reject Preferential Warburg Pincus Terms
OceanFirst Financial received shareholder and regulatory approvals for its planned merger with Flushing Financial.
Shareholders voted against a charter exemption that would have given Warburg Pincus affiliates special treatment.
The merger is set to expand OceanFirst Financial's regional banking footprint in the Northeast and Mid Atlantic.
For investors tracking NasdaqGS:OCFC, this merger progress adds an important corporate development on top of recent share price moves. The stock last...