OTHER NEWS - June 19, 1996
Times Staff and Wire Reports
Bank of Boston’s proposed $2-billion acquisition of BayBanks Inc. won antitrust clearance from the Justice Department after the banks agreed to sell 20 Boston-area bank branches to a UST unit. . . . Hearst’s magazine division named Valerie Salembier, president of Quest magazine, publisher of Esquire magazine. She replaces Lawrence Burstein.