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):
January 30, 2008
 

     
GREAT LAKES BANCORP, INC.
(Exact name of Registrant as specified in its charter)
     
     
 
Delaware
 
001-14879
 
94-3078031
 
 
(State or other jurisdiction
of incorporation)
 
(Commission File Number)
 
(IRS Employer
Identification No.)
 
             
 
2421 Main Street, Buffalo, New York
   
14214
 
 
(Address of principal executive offices)
   
(Zip Code)
 
                   
 
Registrant's telephone number, including area code: (716) 961-1900
 
                   
 
Not Applicable
 
 
(Former name or former address, if changed since last report.)
 
         
 
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):
 
□
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
□
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
□
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
□
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 
 
 
 
  Item 8.01
 
Other Events.
 
On January 30, 2008, First Niagara Financial Group, Inc. (“First Niagara”) and Great Lakes Bancorp, Inc. (“Great Lakes”), the holding company for Greater Buffalo Savings Bank, jointly announced that they had received all necessary regulatory approvals to proceed with the acquisition of Great Lakes by First Niagara. Additionally, the companies announced that all election materials for receipt of cash or First Niagara stock in the exchange were mailed on or about January 14, 2008 and that the election period will expire on February 11, 2008. A copy of the press release is included as exhibit 99.1 to this report.
 
As previously reported, on September 10, 2007 First Niagara Financial Group, Inc., the holding company for First Niagara Bank, and Great Lakes Bancorp, Inc., the holding company for Greater Buffalo Savings Bank, jointly announced that they had entered into a definitive Agreement and Plan of Merger under which Great Lakes will merge into First Niagara. It is expected that the acquisition will be completed in the first quarter of 2008.
 
 
Item 9.01
 
Financial Statements and Exhibits.
   
(d)
 
Exhibits.
     
Exhibit
   
Number
 
Description
99.1
   
Press release dated January 30, 2008.
       
       
 
 
 
 

SIGNATURES

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.
 
 
 
GREAT LAKES BANCORP, INC.
 
         
Date: January 30, 2008
 
By:
/s/ Michael J. Rogers
 
     
Michael J. Rogers
 
     
Executive Vice President and Chief Financial Officer
 
     
(Principal Financial and Principal Accounting Officer)
 


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