Shareholders approve New York Community Bancorp, Flagstar Bancorp merger

Shareholders approve New York Community Bancorp, Flagstar Bancorp merger

New York Community Bancorp’s previously announced $2.6 billion acquisition of Flagstar Bancorp has been approved by shareholders of both banks. The all-stock deal, which was announced in April 2021, is anticipated to be finalized during the fourth quarter. It remains to be subject to the meeting of some closing conditions and regulatory approvals. Sandro DiNello […]