Provident to Acquire Gotham Bank of New York

Provident New York Bancorp (NYSE: PBNY), announced on Wednesday that its Provident Bank subsidiary has entered into a definitive agreement to acquire Gotham Bank of New York (PINKSHEETS: GOBN) in a cash transaction valued at approximately $40.5 million. The closing consideration will be 125 percent of adjusted tangible net worth as calculated under the merger […]