In order to complete its $15 billion acquisition of BankBoston Corp., Fleet Financial Group Inc. is ticking up the number of branches it will divest to 292. Initially, Boston-based Fleet anticipated divesting 270 branches in New England -the majority being Fleet locations. But as the merger becomes more defined, the company added more branches to the auction block, said a BankBoston spokesman. The company expects the sales to yield a 10% to 12% premium to book value, he said. The additional divestitures were not mandated by the Department of Justice, which is reviewing the transaction on antitrust grounds, he said.
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