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Fulton Set to Acquire Blue Foundry, Deepens New Jersey Presence
ZACKSยท2025-11-25 17:16

Key Takeaways Fulton will acquire Blue Foundry in a $243M all-stock deal expected to close in 2026.Fulton says the merger will speed its northern New Jersey expansion and lift earnings.Fulton plans a $1.5M foundation contribution as part of the community-focused deal.Fulton Financial Corp. (FULT) has agreed to acquire Blue Foundry Bancorp (BLFY) in an all-stock transaction valued at roughly $243 million.Details of the Blue Foundry Buyout by FultonPer the agreement, Fulton will pay 0.6500 shares for each sha ...