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CNOB > SEC Filings for CNOB > Form 8-K on 29-May-2014All Recent SEC Filings

Show all filings for CONNECTONE BANCORP, INC.



Other Events

Item 8.01. Other Events.

On May 19, 2014, the Board of Directors of ConnectOne Bank, the Registrant's wholly-owned subsidiary and a New Jersey State chartered commercial bank (the "Bank"), received the approval of the New Jersey Department of Banking and Insurance of the Bank's merger with Union Center National Bank under the Agreement and Plan of Merger by and between the Registrant and Center Bancorp, Inc., dated January 20, 2014 and filed with the Commission on January 21, 2014 as an exhibit to the Registrant's Form 8-K. Subsequently, on May 23, 2014, Center Bancorp, Inc., received the non-objection to consummation of the proposed transaction without the filing of a formal application pursuant to the Bank Holding Company Act from the Federal Reserve Board of New York.

The Registrant and Center Bancorp, Inc., have now received all necessary bank regulatory approvals to consummate the transaction, and may close the transaction subject to: (i) the receipt of the approval of the shareholders of both Center Bancorp, Inc. and Registrant, and (ii) each other outstanding closing condition being satisfied. The shareholders meetings are scheduled for June 24, 2014. The Registrant and Center Bancorp, Inc. anticipate a closing on July 1, 2014.

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