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Bank of America Buys out Merrill Lynch
From webmaster: In a rushed bid to ride out the storm sweeping American finance, 94-year-old Merrill Lynch & Co. agreed late Sunday to sell itself to Bank of America Corp. for roughly $50 billion, including restricted stock and vested stock options.
Added: 10:04 PM, September 14th, 2008
bank collapse buyout banking failure
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