|Bid||0.00 x 2200|
|Ask||0.00 x 900|
|Day's Range||10.19 - 10.89|
|52 Week Range||9.62 - 18.51|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||12.75|
|Earnings Date||May 04, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
FAIRFIELD, N.J., July 13, 2020 -- Kearny Financial Corp. (Nasdaq: KRNY) (“Kearny”), the holding company for Kearny Bank, announced today the successful closing of its.
Kearny Financial (KRNY) and MSB Financial announce that their proposed merger deal will likely be completed on Jul 10, after market close.
Kearny Financial Corp. (KRNY) (“Kearny”) and MSB Financial Corp. (MSBF) (“MSB”) expect that their proposed merger transaction will be completed after the market closes on July 10, 2020. The parties previously announced that MSB shareholders approved the merger at its shareholder meeting held on May 28, 2020, and that all required regulatory approvals or waivers were received. In accordance with the merger agreement, MSB shareholders were permitted to elect to receive either 1.3 shares of Kearny common stock, $18.00 in cash, or a combination of cash and shares of Kearny common stock for each share of MSB common stock owned, subject to proration and allocation to ensure that 90% of the shares of MSB common stock outstanding immediately before the completion of the merger are exchanged for shares of Kearny common stock and 10% are exchanged for cash as required by the merger agreement.