On May 6, 2021, Boston Private Financial Holdings, Inc announced that as previously disclosed, on May 4, 2021, the Company reconvened the special meeting to consider certain proposals related to the Agreement and Plan of Merger, dated as of January 4, 2021 (as it may be amended from time to time, the merger agreement), by and between SVB Financial Group, a Delaware corporation (SVB Financial) and Boston Private, pursuant to which Boston Private will merge with and into SVB Financial, subject to the terms and conditions set forth therein. The Company stated that merger agreement proposal was approved by the shareholders.