ASTORIA FINANCIAL CORP
8-K, 1997-08-08
SAVINGS INSTITUTION, FEDERALLY CHARTERED
Previous: TITAN PHARMACEUTICALS INC, 10QSB, 1997-08-08
Next: REGENCY REALTY CORP, 4, 1997-08-08



                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                           --------------------------

                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                           ---------------------------

        Date of report (Date of earliest event reported): August 1, 1997




                          ASTORIA FINANCIAL CORPORATION
             (Exact name of registrant as specified in its charter)




         DELAWARE                   0-22228                    11-3170868
     (State or other            (Commission File             (IRS Employer    
     jurisdiction of                Number)               Identification No.) 
      incorporation)



          ONE ASTORIA FEDERAL PLAZA, LAKE SUCCESS, NEW YORK 11042-1085
          (Address of principal executive offices, including zip code)



       Registrant's telephone number, including area code: (516) 327-3000




                                      NONE
          (Former name or former address, if changed since last report)


<PAGE>

ITEMS 1 THROUGH 4, 6, 8 & 9.        NOT APPLICABLE

ITEM 5.  OTHER EVENTS.

         On August 1, 1997, Astoria Financial Corporation issued a press release
announcing that the stockholders of Astoria Financial Corporation approved the
acquisition of The Greater New York Savings Bank.

ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

         (a)      Financial statements of businesses acquired.

                  Not applicable.

         (b)      Pro forma financial information.

                  Not applicable.

         (c)      Exhibits. The following Exhibits are filed as part of this
                  report:


                   EXHIBIT NO.                      DESCRIPTION
                   -----------                      -----------
                       99.1                Press Release issued August 1, 1997


<PAGE>

                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                   ASTORIA FINANCIAL CORPORATION


                                   By:  /s/ Alan P. Eggleston
                                      ------------------------------------------
                                       Alan P. Eggleston, Esq.
                                       Senior Vice President and General Counsel


Dated: August 7, 1997


                                        2
<PAGE>

                                  EXHIBIT INDEX



          EXHIBIT                               DESCRIPTION
          -------                               -----------
            99.1                       Press Release issued August 1, 1997


                                        3





                                  EXHIBIT 99.1


                                        4
<PAGE>

[LOGO] ASTORIA FINANCIAL                                                 NEWS
       -----------------                                                 RELEASE
       CORPORATION
One Astoria Federal Plaza, Lake Success, NY  11042-1085  (516) 327-3000





                                          CONTACT:  PETER J. CUNNINGHAM
                                                    VICE PRESIDENT
                                                    INVESTOR RELATIONS
                                                    (516) 327-7877

FOR IMMEDIATE RELEASE

               ASTORIA FINANCIAL CORPORATION STOCKHOLDERS APPROVE
                ACQUISITION OF THE GREATER NEW YORK SAVINGS BANK

LAKE SUCCESS, NEW YORK, AUGUST 1, 1997-- Astoria Financial Corporation (Nasdaq:
ASFC) announced today that its stockholders, at a special meeting held today,
have approved the proposed acquisition of The Greater New York Savings Bank
(Nasdaq: GRTR) into Astoria Federal Savings and Loan Association.

         George L. Engelke, Jr., Chairman, President and Chief Executive Officer
of both Astoria Financial Corporation and Astoria Federal said, "We are
delighted with the overwhelming support received from our shareholders for this
strategic and important acquisition. We are confident that the transaction will
enhance shareholder value and provide long-term benefits for our shareholders,
customers and, particularly, the communities that Astoria and The Greater
serve."

         The transaction, which is subject to approval of the regulators of both
Astoria Federal Savings and Loan Association and The Greater New York Savings
Bank, is anticipated to close on September 30, 1997.

         Astoria Financial Corporation, the holding company for Astoria Federal
Savings and Loans Association, with assets of $7.7 billion is the third largest
publicly traded thrift institution in New York and twelfth largest in the United
States. Established in 1888, Astoria Federal operates forty-five banking offices
and provides retail banking, mortgage and consumer loan services to over 250,000
customers.
                                      # # #




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission