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'Better, not bigger': Berkshire Bank's new CEO envisions different plan for growth

'Better, not bigger': Berkshire Bank's new CEO envisions different plan for growth
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Berkshire Hills Bancorp's New Transformation Plan Does Not Exactly Inspire Confidence

After a tough year in 2020, the bank has announced a three-year transformation initiative. But the plan could be tough to pull off and the results may not even be worth the risk for investors. ....

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Berkshire Hills Announces Results of Annual Meeting

Berkshire Hills Announces Results of Annual Meeting
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Boston Private Shareholders Give Their Blessing to SVB

Shortly after, HoldCo Asset Management, which owns 4.9% of Boston Private s shares, protested the acquisition.
The investor claimed the price was too low for a regional bank, and was prompted largely by Boston Private executives misguided pursuit of a wealth management strategy which HoldCo principals called a pipe dream. HoldCo felt Boston Private’s shares should have been valued at $13.50 to $17 instead of the $11.50 price it saw the day after the sale was announced.
Proxy advisors said that the $14.96 per Boston Private share is a 78% premium to Boston Private’s $8.45 share price at the end of December, right before the acquisition was made known to the public. ....

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Berkshire Hills Bancorp Inc (BHLB) Q1 2021 Earnings Call Transcript

Berkshire Hills Bancorp Inc (BHLB) Q1 2021 Earnings Call Transcript
Motley Fool Transcribers
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Berkshire Hills Bancorp Inc (NYSE: BHLB)
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Operator
Good morning, and welcome to the Berkshire Hills Bancorp First Quarter Earnings Release Conference Call. [Operator Instructions]
I would now like to turn the conference over to Kevin Conn, Head of Investor Relations and Corporate Development. Please go ahead.SPONSORED:
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