Kearny Financial Corp. Announces Completion of Acquisition of Central Jersey Bancorp
FAIRFIELD, NJ--(Marketwire - November 30, 2010) - Kearny Financial Corp. (NASDAQ: KRNY) ("Kearny"), the holding company for Kearny Federal Savings Bank, announced today that it has completed its acquisition of Central Jersey Bancorp and its wholly-owned subsidiary, Central Jersey Bank, N. A. Central Jersey Bank has been merged into Kearny Federal Savings Bank. Under the previously announced terms of the merger, Central Jersey shareholders are receiving $7.50 in cash for each share of Central Jersey common stock held. Stockholders will receive information shortly on how to exchange their shares for the merger consideration.
November 30, 2010 | Filed Under Mergers and Acquisitions