Maine's privately held Atlantic Bancorp wants to buy a New Hampshire institution. Ram Trust Services Inc., an investment advisory firm that shares directors with Atlantic, wants to help the would-be takeover along.

Ram Trust, a Portland investment firm, has purchased 6.83% of the outstanding stock of Portsmouth Bank Shares for "investment purposes" for its client trust accounts. The open-market purchase of 384,000 shares makes Ram one of the largest shareholders of the New Hampshire-chartered savings bank holding company.

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