Boston Private Announces Adjournment of Special Meeting of Shareholders to May 4, 2021
Boston Private Financial Holdings, Inc. (NASDAQ: BPFH) (“Boston Private”), a leading provider of integrated wealth management, trust and banking services to individuals, families, businesses and nonprofits, today announced that it has convened and adjourned, without conducting any other business, the special meeting of shareholders, scheduled to occur at 10:00 a.m. Eastern time on April 27, 2021, until 9:00 a.m. Eastern time on May 4, 2021, the earliest available date for an adjourned virtual meeting.
The adjournment is intended to provide Boston Private with more time to solicit additional proxies from shareholders to approve the merger agreement with SVB Financial Group and to give Boston Private shareholders additional time to consider information related to the transaction, including recent information regarding Boston Private’s and SVB Financial’s operating results.
The overwhelming majority of votes cast to date support the transaction.
The reconvened special meeting will be held solely via live webcast and there will not be a physical meeting location. Boston Private shareholders will be able to attend the special meeting online by visiting www.cesonlineservices.com/bpfh21_vm.
Boston Private shareholders seeking copies of the definitive proxy statement/prospectus or with questions about the special meeting may contact the Company’s proxy solicitor, Innisfree M&A Incorporated by calling toll-free at (877) 800-5187, or for banks and brokers, collect at (212) 750-5833. The record date for Boston Private shareholders entitled to vote at the special meeting remains March 15, 2021.
About Boston Private
Boston Private is a leading provider of integrated wealth management, trust and banking services to individuals, families, businesses and nonprofits. For more than 30 years, Boston Private has delivered comprehensive advice coupled with deep technical expertise to help clients simplify their lives and achieve their goals. The firm offers the capabilities of a large institution with the superior service of a boutique firm to clients across the United States. Boston Private is the corporate brand of Boston Private Financial Holdings, Inc. (NASDAQ: BPFH). For more information, visit www.bostonprivate.com.