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Kearny Financial, Clifton Bancorp secure shareholder approvals for merger

Shareholders of New Jersey-based Kearny Financial Corp. and Clifton Bancorp Inc. on March 1 voted in favor of their companies' merger.

The parties have also already secured the state regulator's approval. They hope to complete required approvals in time for an early April close.

The combined company is expected to have more than $6.5 billion in assets and 54 full-service sites.