TOWNSHIP OF WASHINGTON, N.J., June 11, 2010 (GLOBE NEWSWIRE) -- Oritani Financial Corp., a federal corporation (Nasdaq:ORIT), announced today that Oritani Financial Corp., the newly formed Delaware corporation and proposed holding company for Oritani Bank ("Oritani-Delaware"), has commenced the syndicated community offering portion of the second step conversion to sell shares of common stock not subscribed for in the subscription offering or the community offering to the general public at $10.00 per share. Stifel, Nicolaus & Company, Incorporated is acting as sole book-running manager for the syndicated community offering. Sandler O'Neill & Partners, L.P. and Sterne, Agee & Leach, Inc. are acting as co-managers for the syndicated community offering. The syndicated community offering will be conducted on a best efforts basis and none of the members of the syndicate group are required to purchase any shares in the offering.
Oritani Financial Corp. Commences Syndicated Community Offering And Increases Purchase Limitations
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