Reports that regulators may scuttle Bank of Boston Corp.'s purchase of two New England financial companies because of credit quality concerns bruised the shares of one company and puzzled investors on Monday.

The Federal Reserve Board would not comment on reports -- first appearing in the Boston Globe on Saturday -- that the regulator might deny Bank of Boston's plan to buy Multibank Financial Corp. of Dedham, Mass., and Society for Savings Bancorp in Hartford, Conn.

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