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0.00634178905206947 0.00634178905206947 0.00634178905206947 0.00634178905206947 0.00233644859813085 0 0.00700934579439255 0.00948598130841128
Stock impact report

Peapack-Gladstone Financial Corporation to Acquire Murphy Capital Management, Inc.

Peapack-Gladstone Financial Corporation (PGC) 
Last peapack-gladstone financial corporation earnings: 1/29 09:00 am Check Earnings Report
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/1137117
Company Research Source: Marketwire
BEDMINSTER, NJ -- (Marketwired) -- 05/26/17 -- Peapack-Gladstone Financial Corporation (NASDAQ: PGC), parent company of Peapack-Gladstone Bank (the "Bank"), announced today that it entered into an agreement to acquire Gladstone, NJ-based Murphy Capital Management, Inc. ("MCM"). After up front transaction costs, the purchase will be immediately accretive to earnings. Doug Kennedy, President and Chief Executive Officer of Peapack-Gladstone Bank commented, "We have found what we feel is the perfect match with MCM and are thrilled this leader in the wealth management space, that shares our geography, will partner with us by joining our private wealth management team." Founded in 1983 by John J. Murphy, with the vision of providing a highly personalized and focused approach to money management for individuals, MCM adheres to a highly sophisticated and objective method to creating wealth and providing the proper asset allocation and risk evaluation for clients who seek a per Show less Read more
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