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Oritani Investor Sues Over Proposed $740M Merger

By Jeannie O'Sullivan ( October 2, 2019, 8:02 PM EDT) -- An Oritani Financial Corp. stockholder on Wednesday asked a federal court to postpone the company's proposed $740 million merger with Valley National Bankcorp., saying regulators and investors are still in the dark about the financial justification for the transaction....

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