Boston Private Shareholders Approve Issuance of Shares to Acquire Borel Bank & Trust Company.

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Boston Private Shareholders Approve Issuance of Shares to Acquire Borel Bank & Trust Company.

Business Editors

BOSTON & SAN MATEO, Calif.--(BUSINESS WIRE)--Nov. 19, 2001

Boston Private Financial Holdings, Inc. (Nasdaq:BPFH) and Borel Bank & Trust Company (Nasdaq:BLCA) announced today that Boston Private shareholders voted overwhelmingly to approve the acquisition of Borel at a shareholder meeting held this morning. Borel shareholders approved the merger at a meeting held on Thursday, November 15, 2001. The transaction remains subject to other customary conditions. The...

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