Continuing its push into New York State, busy Hubco Inc. of Mahwah, N.J., announced plans Tuesday to acquire MSB Bancorp, of Goshen for about $115 million in stock, or 1.63 times book value.

The deal is expected to close in the second quarter.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.