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Stock Market & Financial Investment News

News Breaks
December 17, 2012
13:59 EDTBPFHBoston Private Financial upgraded to Market Perform from Underperform at FBR Capital
News For BPFH From The Last 14 Days
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July 16, 2014
06:05 EDTBPFHBoston Private Financial, Boston Private Bank to acquire Banyan Partners
Boston Private Bank & Trust announced the signing of an agreement to acquire all of the assets of Banyan Partners. Banyan Partners has over $4.3B in client assets, and is headquartered in Palm Beach Gardens, Florida with locations in Boston, New York, Miami, Naples, Atlanta, Wisconsin, Texas and California. Boston Private Bank will establish a new, wholly owned subsidiary that will combine its existing wealth management business with that of Banyan Partners. Subject to regulatory approval and customary closing conditions, the transaction is expected to close in the Q4. Boston Private expects to pay approximately $60M in cash and stock upon closing, and Banyan Partners will also have the opportunity to receive additional consideration over a two year earn-out period.
July 15, 2014
16:09 EDTBPFHBoston Private Financial reports Q2 EPS ex-items 18c, consensus 21c
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15:27 EDTBPFHNotable companies reporting after market close
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