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SVB Financial Group Reiterates That It Will Not Increase Purchase Price for Boston Private

SVB Financial Group Reiterates That It Will Not Increase Purchase Price for Boston Private News provided by Share this article Share this article SANTA CLARA, Calif., April 30, 2021 /PRNewswire/  SVB Financial Group ( SVB ) (NASDAQ: SIVB) remains fully committed to the merger with Boston Private Financial Holdings, Inc. ( Boston Private ) (NASDAQ: BPFH) and looks forward to completing the transaction. However, in response to HoldCo Asset Management s letter, SVB is reiterating that under no circumstance will it increase the purchase price, including if the deal is not approved by Boston Private s shareholders. About SVB Financial Group For more than 35 years, SVB Financial Group (NASDAQ: SIVB) and its subsidiaries have helped innovative companies and their investors move bold ideas forward, fast. SVB Financial Group s businesses, including Silicon Valley Bank, offer commercial and private banking, asset management, private wealth management, brokerage and investment ser

Independent in Mass to buy Meridian Bancorp for $1 2 billion

Independent in Mass to buy Meridian Bancorp for $1 2 billion
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

Five things you need to know today, and going bananas at Franklin Park

Five things you need to know today, and going bananas at Franklin Park
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

HoldCo Comments on ISS Report Regarding Proposed Boston Private / SVB Merger

HoldCo Comments on ISS Report Regarding Proposed Boston Private / SVB Merger
apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.

SHAREHOLDER ALERT: WeissLaw LLP Reminds BPFH, PRAH, TPCO, and TLND Shareholders About Its Ongoing Investigations

Boston Private Financial Holdings, Inc. (NASDAQ: BPFH) WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Boston Private Financial Holdings, Inc. (NASDAQ: BPFH) in connection with the proposed acquisition of the company by SVB Financial Group ( SIVB ). Under the terms of the agreement, BPFH s shareholders will receive $2.10 in cash and 0.0228 shares of SIVB common stock for each BPFH share, representing implied per-share merger consideration of approximately $13.46 based upon SIVB s April 13, 2021 closing price of $498.14. If you own BPFH shares and wish to discuss this investigation or your rights, please call us or visit our website: http://www.weisslawllp.com/bpfh/

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