In Brief: Reluctant Target to Review North Fork Bid

Haven Bancorp, the holding company for Columbia Federal Savings Bank, Woodhaven, disclosed that it received a June 26 letter, from John Adam Kanas, chairman of North Fork Bancorp., expressing interest in pursuing a merger with the Queens thrift.

Haven said the letter will be included for review along with the normal agenda for the next regularly scheduled meeting of its board.

In a written response to Mr. Kanas, chief executive Philip S. Messina said Haven "has concluded that implementing our current business plan is in the best interest of all Haven shareholders."

Haven also noted that it has filed comments to the Federal Reserve Board in opposition to the North Fork's application for approval to acquire up to 9.9% of Haven Bancorp's common stock.

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