Strategic Value Bank Partners Acquires $11.6 Million Stake in OceanFirst Financial Ahead of Merger
Strategic Value Bank Partners has acquired a $11.6 million position in OceanFirst Financial Corp. ahead of its planned merger with Flushing Financial Corporation, which is expected to close by June 1, 2026. The investment represents 6.1% of the fund's AUM and is outside its top five holdings. OceanFirst's stock has risen 23% over the past year.
Topics: 13F filings merger regulatory approvals stock purchases