Stay updated with breaking news from Vikaran ghei. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
HoldCo Comments on ISS Report Regarding Proposed Boston Private / SVB Merger apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
Posted on 443 HoldCo Asset Management, LP and its managed funds (collectively, “HoldCo”), which own 4,049,816 shares of common stock of Boston Private Financial Holdings, Inc. (NASDAQ: BPFH) (“Boston Private,” “BPFH,” or the “Company”), representing approximately 4.9% of the Company’s outstanding shares, today announced that it has submitted a notice of its intention to nominate up to five highly-qualified candidates for election to the Boston Private Board of Directors (the “Board”). Vik Ghei and Michael Zaitzeff, Co-Founders of HoldCo, said, “We agree with the Board of Boston Private that the best way to maximize value for shareholders is to pursue a sales process. It is critical, however, that any such process be carried out with integrity and appropriate oversight. Based on what we know at this stage, we do not believe that this was true of the process that led to Boston Private� ....