A key official of Banc One Corp. Tuesday joined a chorus of critics of NationsBank Corp.'s purchase of Boatmen's Bancshares, saying the deal would raise sellers' expectations to an unrealistic level.

"I hear analysts talk about a wave of mergers and acquisitions in light of the Boatmen's deal. I don't agree," executive vice president William Boardman of Banc One said at American Banker's annual mergers and acquisitions conference in New York.

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