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N.J. regulators approve Lakeland, Somerset Hills merger
Jessica Perry//May 7, 2013
Lakeland Bancorp Inc. announced Monday it has received approval from the New Jersey Department of Banking and Insurance of the proposed merger with Somerset Hills Bancorp, and of the merger of the bank subsidiaries.In an announcement, the parties said they expect the additional required regulatory approvals to be forthcoming within the next few weeks. Lakeland, in the Oak Ridge section of Jefferson, and Somerset Hills, in Bernardsville, intend to announce once all regulatory approvals have been received.
