Boston Private investor campaigns to vote down $900M SVB deal

By The Business Journalsabout 2 months ago

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HoldCo Asset Management reiterated that the $900 million offer undervalues Boston Private’s deposit franchise and wealth management business. The firm believes Boston Private CEO Anthony DeChellis has an “irreconcilable conflict of interest” because he will take on a senior executive role with Silicon Valley following the transaction, it said.

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