Day Pitney Represents Hudson Valley in its Closing of a $539 Million Merger with Sterling Bancorp

Publisher: Day Pitney Press Release

July 2, 2015

Parsippany, NJ, July 01, 2015 - Day Pitney represented Hudson Valley Holding Corp. in its completed merger with Sterling Bancorp in a stock-for-stock transaction valued at approximately $539 million, based on the closing price of Sterling Bancorp common stock on November 4, 2014. The merger combines two strong, successful banks to form an institution with approximately $11.2 billion in assets, $6.9 billion in gross loans and over $8.4 billion in deposits, serving the dynamic metropolitan region comprising New York City, Westchester County, the Hudson Valley, Long Island and New Jersey.

Michael Rave and Ron Janis led the Day Pitney team, which also included counsel Richard Leu as well as partner David Doyle, who handled employee benefits, and partner Stephen Ziobrowski and counsel Andrew Wogman, who guided tax aspects.

Day Pitney also recently advised Valley National Bancorp in the acquisition of CNL Bancshares for $207 million in stock and Community National Bank in its $141 Million Acquisition by Bridge Bancorp.

On January 27, Michael Rave will be speaking on "Public & Private Capital Raising: How To Fund Your Bank for Growth and/or Change" at Bank Director's annual conference, Acquire or Be Acquired, in Phoenix, AZ.

January 27, 2019

Acquire or Be Acquired, Bank Director's Annual Conference, Phoenix, AZ

Defining Success from a Legal Perspective – How to Best Structure the Transaction to Meet the Owner's Objectives while Providing Significant Legal Protection

Brian Fischer spoke on "Defining Success from a Legal Perspective – How to Best Structure the Transaction to Meet the Owner's Objectives while Providing Significant Legal Protection," at an Exit Planning Exchange (XPX) Hartford program.

January 16, 2019

Exit Planning Exchange (XPX), Hartford, CT

Bank Director's Acquire or Be Acquired

Michael Rave will be speaking at Acquire or Be Acquired, an annual conference presented by Bank Director magazine being held in Phoenix from January 28 – 30.

January 30, 2018

Acquire or Be Acquired, Phoenix, AZ

Economic Leadership Forum

On January 19, Michael Rave will be speaking at the Economic Leadership Forum, presented by the New Jersey Bankers Association.

January 19, 2018

Economic Leadership Forum, Somerset, NJ

Challenges of Selling an S Corporation

June 30, 2017

Stephen Ziobrowski and Andrew Wogman authored the article "Challenges of Selling an S Corporation," which was published by Law360.

Day Pitney LLP: Firm Expands to Better Serve South Florida Clients

March 2019

Gary Betensky and Michael Napoleone were featured in a profile, "Day Pitney LLP: Firm Expands to Better Serve South Florida Clients," published in the March issue of The Boca Raton Observer magazine.

Reg Rollbacks Seen As Bit Player In $28B BB&T-SunTrust Deal

February 11, 2019

Mike Rave was quoted in an analysis article, "Reg Rollbacks Seen As Bit Player In $28B BB&T-SunTrust Deal," published by Law360.

Marriott Hack Shows Risks Of Lax Cyber Diligence In Mergers

December 3, 2018

Jed Davis was quoted in an article, "Marriott Hack Shows Risks Of Lax Cyber Diligence In Mergers," published by Law360.

Daniel Gottfried Returns to Day Pitney, Further Strengthening Firm’s Corporate, Family Office and Tax Capabilities

November 12, 2018

Day Pitney Press Release

Shawn Wooden Elected to Connecticut State Treasurer

November 7, 2018

Day Pitney Press Release