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Boston Private Board of Directors Sends Letter to Shareholders Regarding the Proposed Transaction with SVB Financial

BOSTON--(BUSINESS WIRE)--The Board of Directors of 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 sent a letter to Boston Private’s shareholders regarding the previously announced definitive merger agreement with SVB Financial Group (NASDAQ: SIVB) (“SVB Financial”).