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Stock impact report

ConnectOne Bancorp, Inc. Signs Definitive Agreement to Acquire Bancorp of New Jersey, Inc.

ConnectOne Bancorp, Inc. (CNOB) 
Last connectone bancorp, inc. earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: connectonebank.com
Company Research Source: GlobeNewswire
ENGLEWOOD CLIFFS, N.J., Aug. 16, 2019 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) ("ConnectOne" or “Company"), parent company of ConnectOne Bank, and Bancorp of New Jersey, Inc. (NYSEAM: BKJ) (“Bancorp of New Jersey”), parent company of Bank of New Jersey, are pleased to jointly announce a definitive agreement under which ConnectOne will acquire Bancorp of New Jersey. The transaction reflects an in-market acquisition of an institution similar in several ways including its focus on commercial clients, location of its offices, and its core processing provider. The acquisition is intended to accelerate ConnectOne’s strategic focus on increasing client relationships, capitalizing on growth opportunities throughout the Company’s New York and New Jersey target metropolitan market, and maintaining best-in-class efficiency. Enhanced scale from the transaction is designed to further leverage ConnectOne’s leading technology infrastructure to drive efficiencies, and position Co Show less Read more
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