SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): March 5, 2000
Fleet Boston Corporation
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(Exact Name of Registrant as Specified in Charter)
Rhode Island
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(State or Other Jurisdiction of Incorporation)
1-6366 05-0341324
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(Commission File Number) (IRS Employer Identification No.)
One Federal Street
Boston, MA 02110
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(Address of Principal Executive Offices)
Registrant's telephone number, including area code: 617-346-4000
Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
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Item 5. Other Events.
Pursuant to Form 8-K, General Instruction F, the Company hereby
incorporates by reference the press release attached hereto as Exhibit (20).
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
Exhibit No. Description
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Exhibit (20) Press Release dated
March 5, 2000
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereto duly authorized.
Date: March 8, 2000
Fleet Boston Corporation
(Registrant)
By: /s/William C. Mutterperl
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Name: William C. Mutterperl
Title: Executive Vice President,
Secretary and General Counsel
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EXHIBIT INDEX
(20) Press release issued by Fleet Boston Corporation on March 5, 2000.
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Exhibit (20)
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Contact Media: Investor:
James E. Mahoney John Kahwaty
FleetBoston Financial FleetBoston Financial
617-346-5472 617-434-3650
FOR IMMEDIATE RELEASE
FLEETBOSTON FINANCIAL TO INVEST IN NORTH FORK BANCORPORATION
BOSTON, MA, March 5, 2000 - FleetBoston Financial (NYSE:FBF) confirmed today
that it has entered into an agreement to invest $250 million in North Fork
Bancorporation (NYSE:NFB) in connection with its proposed exchange offer to Dime
Bancorp.
Fleet said, after being approached by North Fork, it entered into a standstill
agreement with North Fork pursuant to which Fleet has agreed not to propose a
merger with North Fork, Dime or Hudson United Bancorp for a period of time. In
return Fleet will have the opportunity to invest in North Fork and increase its
branch presence in the New York Metropolitan area.
Specifically, FleetBoston will invest $250 million in North Fork convertible
preferred stock and will receive 7.5 million warrants to purchase North Fork
common stock over the next 10 years. In addition, upon completion of North
Fork's proposed merger with Dime, FleetBoston will have the right to purchase $2
billion of Dime deposits, in a total of 17 branches in Manhattan and on Long
Island.
FleetBoston Financial is the eighth-largest bank holding company in the United
States. A $190 billion diversified financial services company, it offers a
comprehensive array of innovative financial solutions to 20 million customers in
some 20 countries. Among the company's key lines of business are: retail
banking, with over 1,500 branches in the Northeast; commercial banking,
including capital markets/investment banking and commercial finance; investment
services, including discount brokerage; and full-service banking through more
than 250 offices in Latin America. FleetBoston Financial is headquartered in
Boston and listed on the New York Stock Exchange (NYSE:FBF).
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