Lakeland Bancorp Inc. of Oak Ridge, N.J., announced Monday that it would acquire the $320 million-asset Newton Financial Corp. for $99 million in cash and stock.
In Brief: Lakeland of N.J. to Buy Newton for $99M
- Full access to banking's most comprehensive daily report
- Daily, weekly, and topic-based newsletters and alerts
- Award-winning analysis and insight, focused on bankers' key concerns
- Bimonthly industry research reports
- Morning Scan Plus (Premium e-newsletter)
- American Banker mobile app
This feature displays payments industry news and analysis from American Banker sibling brand PaymentsSource. Registration is required; for more information contact customer service.