M&A
confidence high
sentiment neutral
materiality 0.85
FLUSHING FINANCIAL CORP (FFIC): M&A transaction — OceanFirst completes acquisition of Flushing Financial; FFIC holders receive 0.85 OCFC shares
FLUSHING FINANCIAL CORP
- Each share of Flushing common stock converted into 0.85 shares of OceanFirst common stock (and cash for fractional shares).
- Approximately 29.30 million shares of OceanFirst common stock issued as merger consideration.
- Flushing common stock delisted from Nasdaq effective after close of trading on June 1, 2026.
- All Flushing directors and executive officers ceased serving in their roles as of the Effective Time.
- OceanFirst will file Form 15 to terminate Flushing's SEC reporting obligations.