AcquisitionsApr 7, 2026, 06:06 AM
Flushing Financial Corp Stockholders Approve Merger with OceanFirst Financial Corp
AI Summary
Flushing Financial Corporation's stockholders approved the merger agreement with OceanFirst Financial Corp at a special meeting held on April 2, 2026. The merger will result in Flushing merging with and into OceanFirst, with OceanFirst surviving the merger, pending regulatory approvals and other customary closing conditions.
Key Highlights
- Stockholders approved the merger agreement dated December 29, 2025, between Flushing Financial, OceanFirst, and Apollo Merger Sub Corp.
- Each share of Flushing common stock will be converted into the right to receive 0.85 of a share of OceanFirst common stock, plus cash in lieu of fractional shares.
- The merger is subject to customary closing conditions and regulatory approvals.