OceanFirst and Flushing Financial Corporation Announce Shareholder Approval for Merger
Flushing Financial Corporation held a special meeting of stockholders on April 2, 2026, to vote on the proposed merger with OceanFirst Financial Corp. The stockholders approved the merger agreement, which involves a merger where Flushing will be acquired by OceanFirst. The terms of the merger include Flushing stockholders receiving 0.85 shares of OceanFirst common stock, plus cash for fractional shares, for each share of Flushing common stock they hold. Stockholder approval was also obtained for the executive compensation related to the merger. Regulatory approvals from the New York State Department of Financial Services and the Office of the Comptroller of the Currency have been received, with the merger completion still pending approval from the Board of Governors of the Federal Reserve System and other customary closing conditions. A joint press release was issued on April 6, 2026, announcing these voting results and regulatory approvals.