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Why Eastern Bank is paying top dollar for longtime rival

Why Eastern Bank is paying top dollar for longtime rival
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SHAREHOLDER ALERT: WeissLaw LLP Reminds BPFH, BMTC, TLND, and PRAH 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 $13.27 based upon SIVB s April 6, 2021 closing price of $489.81. 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/

SHAREHOLDER ALERT: WeissLaw LLP Reminds BPFH, BMTC, TLND, and HMSY 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 merger consideration of approximately $14.41 based upon SIVB s March 16, 2021 closing price of $539.85. If you own BPFH shares and wish to discuss this investigation or your rights, please call or visit our website: http://www.weisslawllp.com/bpfh/

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