(Bridgehampton, NY – November 22, 2016) Bridge Bancorp, Inc. (Nasdaq: BDGE) (the "Company"), the parent company of The Bridgehampton National Bank, today announced the pricing of an underwritten public offering of 1,613,000 shares of common stock at a price of $31.00 per share, for gross proceeds of approximately $50.0 million. After deducting the underwriting discount and estimated offering expenses, the Company expects to receive net proceeds of approximately $47.6 million. The Company has also granted the underwriters a 30-day option to purchase up to an additional 241,950 shares of common stock at the same price and on the same terms and conditions. Click here for more.
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