February 5, 2015 / 7:14 PM / 2 years ago

BUZZ-Boston Private: Potential acquisition target

1 Min Read

** Regional bank company's shares jump +18 pct and among top NASDAQ Composite gainers on takeover speculation

** Royal Bank of Canada and CIBC looked at BPFH as potential acquisition target, according to people familiar with the matter, WSJ reports - WSJ (on.wsj.com/1Aw39Mu)

** WSJ says unable to confirm if BPFH is running an active auction process

** Stock having best day since September 2009, trades 8x average 30-day volume

** Up to Wednesday's close, shares had fallen 10 pct since company reported 4Q 2014 results below estimates on Jan 21

Messaging: lance.tupper.thomsonreuters.com@reuters.net

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