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Definitive Agreement to Acquire High-Performing Bank in Bellevue, Washington; Expands Boston Private's Footprint in Pacific Northwest
BOSTON -- Boston Private Financial Holdings, Inc. (NASDAQ: BPFH) (Boston Private) and Charter Financial Corporation (Charter Financial) announced today that they have signed a definitive agreement for the merger of Charter Financial with and into Boston Private. Charter Financial is the bank holding company for Charter Bank, a Washington chartered commercial bank (referred together with Charter Financial as Charter Bank). The acquisition of Charter Bank, which is expected to be accretive to Boston Private's earnings per share ...