WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of MSB Financial Corporation ("MSB Financial" or the "Company") (NASDAQ: MSBF) in connection with the proposed merger of the Company with Kearny Financial Corporation (NASDAQ:KRNY). Under the terms of the merger agreement, MSB Financial shareholders will receive 1.3 KRNY shares or $18.00 in cash (subject to proration) per MSBF share owned. KRNY shareholders will own 94% of the combined company while MSBF shareholders will own a mere 6%. The merger is expected to close in the second quarter of 2020.
Is Kearny Financial Corp. (NASDAQ:KRNY) a good stock to buy right now? We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 payment structure, hedge funds have more incentives and resources than the average investor. The funds […]
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). To keep it...
FAIRFIELD, N.J., Jan. 30, 2020 -- Kearny Financial Corp. (NASDAQ GS: KRNY) (the “Company”), the holding company of Kearny Bank (the “Bank”), today reported net income for the.
FAIRFIELD, N.J., Oct. 30, 2019 -- Kearny Financial Corp. (NASDAQ GS: KRNY) (the “Company”), the holding company of Kearny Bank (the “Bank”), today reported net income for the.
FAIRFIELD, N.J., May 20, 2020 -- Kearny Financial Corp. (NASDAQ GS: KRNY) (the “Company”), the holding company of Kearny Bank (the “Bank”), announced today that the Company’s.
Hedge funds don't get the respect they used to get. Nowadays investors prefer passive funds over actively managed funds. One thing they don't realize is that 100% of the passive funds didn't see the coronavirus recession coming, but a lot of hedge funds did. Even we published an article near the end of February and […]
Kearny Financial Corp. (KRNY), the holding company for Kearny Bank, (“Kearny”), and MSB Financial Corp. (MSBF), the holding company for Millington Bank, (“Millington”), announced today that the parties to the merger agreement have mutually agreed to extend the deadline by which shareholders of MSBF must properly submit election materials (the “Election Deadline”) to Computershare Trust Company, N.A., the exchange agent for the merger (the “Exchange Agent”). Due to delays in distribution, the Election Deadline, which originally was 5:00 p.m., Eastern Time, on May 28, 2020, has been extended to 5:00 p.m., Eastern Time, on June 15, 2020 (the “New Election Deadline”).
It is already common knowledge that individual investors do not usually have the necessary resources and abilities to properly research an investment opportunity. As a result, most investors pick their illusory “winners” by making a superficial analysis and research that leads to poor performance on aggregate. Since stock returns aren't usually symmetrically distributed and index […]
Unfortunately for some shareholders, the Kearny Financial (NASDAQ:KRNY) share price has dived 31% in the last thirty...
Every investor in Kearny Financial Corp. (NASDAQ:KRNY) should be aware of the most powerful shareholder groups. Large...
As an investor its worth striving to ensure your overall portfolio beats the market average. But the risk of stock...
FAIRFIELD, N.J., April 29, 2020 -- Kearny Financial Corp. (NASDAQ GS: KRNY) (the “Company”), the holding company of Kearny Bank (the “Bank”), today reported net income for the.
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Kearny...
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
NEW YORK, Feb. 14, 2020 -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice.
FAIRFIELD, N.J., Feb. 19, 2020 -- Kearny Financial Corp. (NASDAQ GS: KRNY) (the “Company”), the holding company of Kearny Bank (the “Bank”), announced today that the Company’s.
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Aircastle Limited (AYR) in connection with the proposed acquisition of the Company by Marubeni Corp and Mizuho Leasing Co. Under the terms of the acquisition agreement, AYR shareholders will receive $32.00 in cash for each AYR share that they own. WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Instructure, Inc. (INST) in connection with the proposed acquisition of the Company by Thoma Bravo, LLC. Under the terms of the acquisition agreement, INST shareholders will receive $47.60 for each INST share that they own.
Kearny Financial Corp. (KRNY), the holding company for Kearny Bank, (“Kearny”), and MSB Financial Corp. (MSBF), the holding company for Millington Bank, (“Millington”) , announced today that the companies have entered into a definitive agreement pursuant to which Kearny will acquire Millington in a transaction valued over $94 million based on Kearny’s closing stock price on Tuesday, December 17, 2019 of $14.10 per share. Under the terms of merger, which was unanimously approved by both Boards of Directors, Millington will merge with and into Kearny, and each outstanding share of Millington common stock will be exchanged for 1.3 shares of KRNY common stock or $18.00 in cash.
In 2011 Craig Montanaro was appointed CEO of Kearny Financial Corp. (NASDAQ:KRNY). This report will, first, examine...