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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Date of report (Date of earliest event reported): July 24, 2007
WESTBOROUGH FINANCIAL SERVICES, INC.
(Exact name of registrant as specified in its charter)
Massachusetts 000-27997 04-3504121
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
100 E. Main Street, Westborough, MA 01581
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (508) 366-4111
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4 (c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events.
On July 24, 2007, the shareholders of Westborough Financial Services, Inc. (the
"Company") approved the Agreement and Plan of Merger, dated as of November 13,
2006, among Assabet Valley Bancorp, HudWest Financial Services, Inc., Hudson
Savings Bank and Westborough Bancorp, MHC, the Company and The Westborough Bank
(the "Merger Agreement") at the annual meeting of shareholders.
A copy of the press release dated July 24, 2007 announcing shareholder approval
of the Merger Agreement is attached as Exhibit 99.1 hereto.
On July 24, 2007, the corporators of Westborough Bancorp, MHC approved the
Merger Agreement at the annual meeting of corporators.
A copy of the press release dated July 25, 2007 announcing corporator approval
of the Merger Agreement is attached as exhibit 99.2 hereto.
Item 9.01 Financial Statements and Exhibits.
(d) The following exhibits are furnished with this report:
Exhibit No. Description
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99.1 Press release of Westborough Financial Services, Inc.
dated July 24, 2007.
99.2 Press release of Westborough Bancorp, MHC dated
July 25, 2007.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Company has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
WESTBOROUGH FINANCIAL SERVICES, INC.
By: /s/ John L. Casagrande
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Name: John L. Casagrande
Title: Senior Vice President and Treasurer
Date: July 25, 2007