ORIT News and Press, Oritani Financial Corp.

REIT Performance November was a good month for the broader stock market, but not for the REIT sector, which saw only its 2 nd negative month of 2019 (-0.60%). Despite fading slightly in November, the average equity REIT still has achieved a very strong return of 29.13% over the first 11 m...

Merger activity remained unchanged with three new deals announced and one deal closing. Deal Statistics: New Deals: The acquisition of TD Ameritrade Holding Corporation (AMTD) by The Charles Schwab Corporation (SCHW) for $26 billion in an all-stock deal. Under the terms of the ag...

NEW YORK, Dec. 02, 2019 (GLOBE NEWSWIRE) -- Valley National Bancorp (NASDAQ:VLY) (“Valley”) announced that its merger with Oritani Financial Corp. (“Oritani”) (NASDAQ: ORIT) was completed effective December 1, 2019. Valley will issue approximately 72 million s...

NEW YORK , Nov. 25, 2019 /PRNewswire/ -- Safehold Inc. (NYSE:SAFE) will replace Oritani Financial Corp. (NASD:ORIT) in the S&P SmallCap 600 effective prior to the open of trading on Tuesday, December 3 . S&P MidCap 400 constituent Valley National Bancorp (NASD:VLY) is acquir...

Merger activity increased with seven new deals announced and two deals closing. Deal Statistics New Deals The acquisition of Carbonite (CARB) by Open Text Corporation (OTEX) for $1.42 billion or $23.00 per share in cash. We added CARB as a potential deal to the Deals in the Work...

NEW YORK, Nov. 15, 2019 (GLOBE NEWSWIRE) -- Valley National Bancorp (NASDAQ:VLY) (“Valley”) announced today that shareholders of both Valley and Oritani Financial Corp. (“Oritani”) (NASDAQ: ORIT) voted in favor of the merger at their respective shareholder meetin...

Nearly at the midpoint of the quarter, Political Calculations' near real-time sampling of dividend declarations from data published by Seeking Alpha and the Wall Street Journal indicates that 2019-Q4 is looking very much like 2018-Q4, just under in the count of dividend cuts announced in t...

Valley National Bancorp ( VLY ) is planning to close acquisition of Oritani Financial in the fourth quarter of 2019, which is expected to increase loans next year. The rise in earning assets is expected to in turn lead to higher earnings in 2020 compared to 2019. Following the third quarter re...

Merger activity increased last week with four new deals announced and four deals closing. Deal Statistics: New Deals: The acquisition of Innophos Holdings ( IPHS ) by an affiliate of One Rock Capital Partners for $932 million or $32.00 per share in cash. The acquisition of C...

NEW YORK, Oct. 25, 2019 (GLOBE NEWSWIRE) -- Valley National Bancorp (NASDAQ:VLY) (“Valley”) announced today it received notice from the Board of Governors of the Federal Reserve System that it waived the requirement for a bank merger application for the previously announced me...