SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
September 24, 1999 (September 22, 1999)
--------------------
ENTERPRISE BANCORP, INC.
(exact name of registrant as specified in charter)
Massachusetts 0-21021 04-3308902
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
222 Merrimack Street 01852
Lowell, Massachusetts (Zip Code)
(address of principal office)
(978) 459-9000
(Registrant's telephone number, including area code)
-2-
Item 2. Other Events.
On September 22, 1999, Enterprise Bancorp, Inc., a Massachusetts
corporation (the "Company"), and its wholly owned subsidiary, Enterprise Bank
and Trust Company, a Massachusetts trust company (the "Bank"), entered into a
Purchase and Assumption Agreement (the "Agreement") with Fleet Financial Group,
Inc. and its principal banking subsidiary, Fleet National Bank, pursuant to
which the Bank will purchase two branch offices of Fleet National Bank. The
Bank's acquisition of these branch offices is part of the overall sale of 306
branch offices of Fleet National Bank and BankBoston, N.A. to be completed in
accordance with a divestiture order of the United States Department of Justice
issued in connection with the pending merger of BankBoston Corporation with
Fleet Financial Group, Inc. The Bank's acquisition of the branches remains
subject to the parties' receipt of required federal and state regulatory
approvals and satisfaction of various other customary closing conditions
specified in the Agreement. A copy of the Company's press release pertaining to
this transaction, issued on September 23, 1999, is included as Exhibit 99.1 to
this Current Report.
Item 7. Financial Statements, Pro Forma Financial Information, and Exhibits.
(a) Financial Statements
Not applicable.
(b) Pro Forma Financial Information
Not applicable.
(c) Exhibits
99.1 Press Release dated September 23, 1999.
-3-
Signatures
Under 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, hereunto duly authorized.
ENTERPRISE BANCORP, INC.
By: /s/ George L. Duncan
George L. Duncan
President
Date: September 24, 1999