June 24, 2016
On June 24, 2016, Berkshire Hills Bancorp, Inc. (“Berkshire Hills”), Berkshire Bank, Pittsfield, Massachusetts, and First Choice Bank, (“First Choice”), Lawrenceville, New Jersey, entered into an agreement pursuant to which Berkshire Bank will acquire First Choice for approximately $111.7 million in Berkshire Hills common stock.
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June 24, 2016
On June 24, 2016, Lincoln Park Bancorp, Lincoln Park, NJ completed a private issuance of a $5 million, fixed-rate subordinated term note to a qualified institutional investor.
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January 8, 2016
We are pleased to announce that Luse Gorman has once again received the No. 1 National Ranking as legal counsel for mutual-to-stock conversion transactions, as reported by SNL for conversion transactions completed in 2015.
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January 8, 2016
Luse Gorman PC is proud to announce that it was again the No.1 law firm in the nation for bank and thrift mergers and acquisitions occurring in 2015, with 18 transactions.
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January 6, 2016
On January 5, 2016, Cape Bancorp, Inc. (“Cape”), Cape May Court House, New Jersey and OceanFirst Financial Corp. (“OceanFirst”), Toms River, New Jersey, announced that they have agreed to merge pursuant to which OceanFirst will acquire Cape for approximately $208.1 million in OceanFirst stock and cash.
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