New York Bancorp Inc. said Thursday it has terminated a previously announced $50 million subscription offering of capital securities of New York Bancorp Capital Trust, a trust specially formed for the purpose of the offering.

The subscription offering, made to existing holders of common stock of New York Bancorp, commenced on Sept. 23 and was to have expired on Oct. 14.

The company, a thrift headquartered in the New York City borough of Queens, halted the offering after its announcement Tuesday that it had agreed to be bought by North Fork Bancorp.

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