Deal Snapshot
VSB Bancorp Wins Shareholder Nod for Merger with Northfield Bancorp
Thursday 25 June 2020

Shareholders of New Jersey, US-based VSB Bancorp, Inc. (OTCQX: VSBN), parent company of Victory State Bank, have approved the merger of Victory with and into New York-based Northfield Bancorp, Inc. (NASDAQ: NFBK), parent company of Northfield Bank, the company said.

The merger is expected to occur on or about the close of business on July 1, 2020, and based on such closing date, each share of Victory common stock will be exchanged for 2.0463 shares of Northfield common stock with fractional shares paid out in cash.

Date Published: 25/06/2020