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Sterling Bancorp (STL) to Offer 3.8M Shares

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Sterling Bancorp (STL) Prices 3.8M Share Common Stock Offering

November 17, 2016 6:09 AM EST

Sterling Bancorp (NYSE: STL) announced that it has priced its previously announced underwritten public offering of 3.8 million shares of the Company's common stock. Sterling has granted the underwriters a 30-day option to purchase up to an additional 570,000 shares of common stock.

Gross proceeds to Sterling from this offering are expected... More