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Blue Foundry, Fulton Financial announce regulatory approvals, merger close date

Tipranks - Tipranks - Tue Feb 24, 8:04AM CST

Fulton Financial Corporation (FULT) and Blue Foundry Bancorp (BLFY) jointly announced the receipt of all required regulatory approvals for the previously announced all-stock transaction pursuant to which Fulton will acquire Blue Foundry. Regulatory approvals have been granted by the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency. Blue Foundry’s stockholders approved the transaction on January 29, 2026. The transaction was announced on November 24, 2025 and is expected to be completed on or around April 1, 2026, pending the satisfaction or waiver of the remaining customary closing conditions set forth in the definitive merger agreement governing the transaction.

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