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Investors Bancorp closes Gold Coast acquisition

Investors Bancorp (NASDAQ:ISBC) has closed its acquisition of Gold Coast Bancorp (OTCPK:GLDT). Each share of Gold Coast common stock was converted into the right to receive (at shareholder election) $15.75 in cash, 1.422 shares of Investor Bancorp common stock or a combination (prorated to ensure that an aggregate 50% of the …

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