-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PUTH7HN+UlSLqFoDfxKC9szINV9gDc54ERbOGA4oz4Ilpis7WLwJxJdS5gF+/vhm 7+3dqpxjpN9h7IKwPm4Cbw== 0001144204-07-023028.txt : 20070507 0001144204-07-023028.hdr.sgml : 20070507 20070507144250 ACCESSION NUMBER: 0001144204-07-023028 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070507 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070507 DATE AS OF CHANGE: 20070507 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CENTER BANCORP INC CENTRAL INDEX KEY: 0000712771 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 521273725 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-11486 FILM NUMBER: 07823561 BUSINESS ADDRESS: STREET 1: 2455 MORRIS AVE CITY: UNION STATE: NJ ZIP: 07083 BUSINESS PHONE: 9086889500 MAIL ADDRESS: STREET 1: 2455 MORRIS AVE CITY: UNION STATE: NJ ZIP: 07083 8-K 1 v073931.htm Unassociated Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): May 7, 2007

CENTER BANCORP, INC.

(Exact Name of Registrant as Specified in its Charter)


New Jersey
2-81353
52-1273725
(State or Other Jurisdiction
(Commission File Number)
(IRS Employer
of Incorporation)
 
Identification No.)
     
     
2455 Morris Avenue, Union, New Jersey
  
07083
(Address of principal executive offices)
 
(Zip Code)
 
Registrant's telephone number, including area code (800) 862-3683

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b))

oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))




Item 8.01  Other Events.

On May 7, 2007, the Registrant issued a press release, a copy of which is included as an exhibit to this Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit 99.1- Registrant’s Press Release, dated May 7, 2007.





SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 CENTER BANCORP, INC.
     
 
By:
/s/ John J. Davis
     
 
Name: John J. Davis
 
Title: President and Chief Executive Officer

Dated: May 7, 2007




EXHIBIT INDEX

Exhibit 99.1 - Registrant’s Press Release, dated May 7, 2007.

 

EX-99.1 2 ex99_1.htm Unassociated Document
CENTER BANCORP TO REVIEW STRATEGIC ALTERNATIVES



Union, N.J., May 7, 2007 - Center Bancorp Inc. (NASDAQ: CNBC), the parent company of Union Center National Bank, today announced that it has retained Keefe, Bruyette & Woods as financial advisor, to assist the Board of Directors in a review of strategic alternatives to enhance shareholder value. The company anticipates a review of a wide range of options in consultation with its advisors, including a possible sale of the company, but there can be no assurance of any particular outcome.

The company does not expect to disclose further developments regarding the process until the review of strategic alternatives has been completed. Center Bancorp intends to continue the implementation of its strategic plan, which it believes has improved the value and long-term prospects of our company, and encourages shareholders to vote for the company’s highly qualified director nominees at the company’s upcoming annual meeting on May 15.

“Our review of strategic alternatives will be a careful and thorough process,” said John J. Davis, President and Chief Executive Officer of Center Bancorp. “Despite his protestations to the contrary, based on Mr. Seidman's track record of selling banks, we do not believe that his intentions are in the best interests of all Center Bancorp shareholders.

“We also believe the review of strategic alternatives will be best accomplished without the disruption of Mr. Seidman and other dissident directors on our board. I want to remind our shareholders that in 1995, The Office of Thrift Supervision issued a Cease and Desist Order and levied a Civil Money Penalty against Mr. Seidman, after finding that he recklessly engaged in unsafe and unsound practices in the business of an insured banking institution.

“Our annual meeting is fast approaching. We urge Center Bancorp shareholders to vote the BLUE proxy card FOR the reelection of Directors Curtis, Davis, Kein and Schroeder today. There is still time for shareholders who wish to change their vote to do so by contacting our proxy solicitor, Georgeson, Inc.”







About Center Bancorp 

Center Bancorp, Inc., through its wholly owned subsidiary, Union Center National Bank, Union, New Jersey, currently operates 15 banking locations. Banking centers are located in Union Township (6 locations), Berkeley Heights, Boonton/Mountain Lakes, Madison, Millburn/Vauxhall, Morristown (3 locations), Springfield, and Summit, New Jersey. Construction will begin shortly on a new banking location in Florham Park, New Jersey and plans are underway to add a branch in Cranford, New Jersey as well. The Bank also operates remote ATM locations in the Union, Chatham and Madison New Jersey Transit train stations, Union Hospital and the Boys and Girls Club of Union.

Union Center National Bank is the largest commercial bank headquartered in Union County; it was chartered in 1923 and is a full-service banking company.

For further information regarding Center Bancorp, Inc., call 1-(800)-862-3683. For information regarding Union Center National Bank, visit our web site at http://www.centerbancorp.com.

Investor Inquiries                                 Media Inquiries: 

Anthony C. Weagley   Mike Pascale or Tom Johnson
Vice President and Treasurer      Abernathy MacGregor
Center Bancorp             (212) 371-5999
(908) 206-2886

Forward-Looking Statements 

All non-historical statements in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may use such forward-looking terminology as "expect," "look," "believe," "plan," "anticipate," "may," "will" or similar statements or variations of such terms or otherwise express views concerning trends and the future. Such forward-looking statements involve certain risks and uncertainties, including risks cited in reports filed by Center Bancorp with the Securities and Exchange Commission. Actual results may differ materially from such forward-looking statements. Center Bancorp, Inc. assumes no obligation for updating any such forward-looking statement at any time.

Additional Information

In connection with the 2007 Annual Meeting, Center Bancorp, Inc. filed a proxy statement with the Securities and Exchange Commission (“SEC”) and commenced mailing to shareholders on or about April 5, 2007. Center Bancorp shareholders are urged to read the proxy statement carefully because it contains important information. Investors and shareholders may obtain a free copy of the proxy statement, and other material and any other documents that may be filed by Center Bancorp with the SEC in connection with the 2007 Annual Meeting, through the SEC’s web site www.sec.gov. Shareholders may also obtain free copies of the proxy statement and other documents filed by Center Bancorp in connection with the 2007 Annual Meeting by directing a request to: Center Bancorp, Inc. at 2455 Morris Avenue, Union, New Jersey 07083, Attention: Anthony C. Weagley, Chief Financial Officer.
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