Investors Bancorp, Inc. And Gold Coast Bancorp, Inc. Announce Gold Coast Bancorp, Inc. Shareholder Approval Of Merger
Investors Bancorp, Inc. (ISBC)
Last investors bancorp, inc. earnings: 4/29 05:40 pm
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US:NASDAQ Investor Relations:
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Source: PR Newswire
SHORT HILLS, N.J. and ISLANDIA, N.Y., Dec. 16, 2019 /PRNewswire/ -- Investors Bancorp, Inc. (NASDAQ: ISBC) ("Investors Bancorp"), the parent company of Investors Bank, and Gold Coast Bancorp, Inc. (OTC: GLDT) ("Gold Coast Bancorp"), the parent company of Gold Coast Bank, announced today that the shareholders of Gold Coast Bancorp have approved the merger of Gold Coast Bancorp with and into Investors Bancorp. Approval of the merger by Investors Bancorp's stockholders was not required.The closing of the merger remains subject to a number of conditions as set forth in the Agreement and Plan of Merger dated as of July 24, 2019 between Investors Bancorp and Gold Coast Bancorp (the "Merger Agreement").Investors Bancorp and Gold Coast Bancorp previously announced that, under the terms of the Merger Agreement, each Gold Coast Bancorp shareholder will receive, at the shareholder's election, 1.422 shares of Investors Bancorp common stock, $15.75 in cash, or a combination of Investors Bancorp c
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