Bank of New York Co. said Wednesday that it has acquired Swerdlin White Huber Ltd., a Cedar Knolls, N.J., firm that administers and invests charitable gifts for nonprofit organizations. Financial terms of the transaction, which was completed Wednesday, were not disclosed.

Swerdlin White will be a division of the $67 billion-asset bank's personal trust unit. Swerdlin's four employees, including its president, Eric Swerdlin, have joined Bank of New York.

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