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Investors agrees to 452M takeover of Roma
In an aggressive push to capture market share in central and southern New Jersey, Investors Bancorp Inc., in the Short Hills section of Millburn, has signed an agreement to acquire Robbinsville-based Roma Financial Corp. for $452 million in stock.
Deals and Moves Dec. 20
Development site purchase, home community acquisition, apartment complex sale.
Health charities group making push beyond N.J.
The New Jersey chapter of Community Health Charities, which raises money through workplace campaigns to support charities devoted to health issues like MS and diabetes, has expanded its reach to Pennsylvania and Delaware and changed its name to Community Health Charities Northeast.
Attorney urges Sandy victims to consider property assessment deadline
Hurricane Sandy caused billions in damage, and property owners — both businesses and homeowners — have until Jan. 10 to alert their municipal tax assessor if they want a reduced property assessment, which potentially could lower their property tax bills.
N.J. gets 22M federal bonus for enrolling kids in insurance program
New Jersey will receive more than $22 million in funding from Centers for Medicare and Medicaid Services as a reward for streamlining enrollment for low-income children eligible for the children’s health insurance program.
Knight Capital to be acquired by Chicago firm in 1.4B deal
Just a few months after a trading software glitch threatened its shutdown, Jersey City-based Knight Capital Group Inc. today announced it will be acquired by Chicago-based Getco Holding Co. LLC for $1.4 billion in cash and stock.
Deals and Moves Dec. 19
Multifamily sale, property portfolio financing, drug collaboration.
The test of time
Broken ground
The NJBIZ editors sift through the announcements that never got groundbreakings, the groundbreakings that never got finished and the completions that turned into disasters.
Key sports betting ruling due out Friday
The major sports leagues should know by Friday whether they’ll be allowed to challenge New Jersey’s pending legalization of sports betting in court.
N.J.’s suburban office empire ‘may have run its course,’ report says
New Jersey’s massive network of suburban office buildings “may have run its course,” according to a new Rutgers University report that outlines the trends that have decimated the properties in less than a decade.
Whatever the weather, insurance protects profits from precipitation
When his retail clients started rewriting their per-occurrence contracts for snow removal services into seasonal contracts after two straight winters of heavy snowfall, Jeff Tunis, president and CEO of Hammonton-based facility maintenance provider Advanced Service Solutions Inc., turned to a weather risk insurance product from Florham Park-based...
