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Stock Market & Financial Investment News

News Breaks
June 24, 2014
12:07 EDTCNOB, CNBCCenter Bancorp, ConnectOne Bancorp shareholders approve merger
ConnectOne Bancorp (CNOB), parent company of ConnectOne Bank, and Center Bancorp (CNBC), parent company of Union Center National Bank, jointly announced that their respective shareholders, at annual meetings held earlier, approved the planned merger between ConnectOne and Center. Center's shareholders also approved the adoption of an amended and restated certificate of incorporation, which was a condition to the parties' completing the transaction. The combined company will be one of the largest New Jersey headquartered financial institutions, positioned to best serve middle market commercial businesses with even greater convenience, access to technology and financial resources. The merger is expected to close effective July 1.
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