wsj_0751.xml
WSJ891027-0144
WSJ891027-0144
=
891027
=
891027
891027-0144
.
891027-0144
.
Dime
Savings
Bank
Purchase
Dime
Savings
Bank
Purchase
10/27/89
10/27/89
10/27/89
WALL
STREET
JOURNAL
(
J
)
WALL
STREET
JOURNAL
(
J
)
DME
STPT
DME
STPT
TENDER
OFFERS
,
MERGERS
,
ACQUISITIONS
(
TNM
)
SAVINGS
AND
LOANS
,
THRIFTS
,
CREDIT
UNIONS
(
SAL
)
TENDER
OFFERS
,
MERGERS
,
ACQUISITIONS
(
TNM
)
SAVINGS
AND
LOANS
,
THRIFTS
,
CREDIT
UNIONS
(
SAL
)
GARDEN
CITY
,
N.Y.
GARDEN
CITY
,
N.Y.
Dime
Savings
Bank
of
New
York
was
cleared
by
the
Federal
Deposit
Insurance
Corp.
to
acquire
Starpointe
Savings
Bank
of
Somerset
,
N.J.
,
the
banks
said
.
Starpointe
holders
,
who
approved
the
plan
last
April
,
will
receive
$
21
in
cash
a
share
,
or
a
total
$
63
million
.
The
FDIC
cleared
the
move
yesterday
,
and
the
banks
must
wait
at
least
30
days
before
closing
the
purchase
.
A
closing
date
has
n't
been
set
.