TD Banknorth Inc. is acquiring Boothby & Bartlett Company.[@@]
TD Banknorth, Portland, Maine, has agreed to buy Boothby and Bartlett, Waterville, Maine, a multiline agency, for undisclosed terms. TD Banknorth hopes to close on the deal in December.
TD Banknorth is a majority-owned subsidiary of TD Bank Financial Group.
Boothby & Bartlett sells employee benefits, life and health insurance coverage, among other lines.