Another shoe to drop...Monday that it has bought Merrill Lynch in an all-stock deal valued at as much as $50 billion.http://money.cnn.com/2008/09/14/news/companies/merrill_bofa_talks/index.htm?cnn=yes
The purchase price would value the company at more than $29 a share, at least a 70% premium from Merrill's closing price on Friday of $17.05.
Posts
No comments:
Post a Comment