In an effort to preserve a troubled merger, Roslyn (N.Y.) Bancorp chairman Joseph L. Mancino has written to his shareholders urging them to approve his company's pending merger with T R Financial Corp., the parent of Roosevelt Savings Bank.

"Roslyn and Roosevelt are compatible in every way," Mr. Mancino said in a letter dated Monday, his second to shareholders in less than a week. "Therefore, I urge you to vote FOR the merger."

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