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Center Bancorp, Inc.: Center Bancorp, Inc. Declines Request From Shareholder to Join Board

Thu, 21 Sep 2006 13:27:00 PDT

UNION, NJ (MARKET WIRE) Center Bancorp, Inc. (NASDAQ: CNBC), the parent company of Union Center National Bank, announced today that its Board of Directors unanimously declined a request from shareholder Lawrence B. Seidman to join the Company's Board. The Board noted that it carefully weighed several factors during its deliberations on the matter, including its long-term strategy to grow profits and reposition the Company's balance

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