Seeking Alpha

Karl Zachar » Comments » HBC

  • Merrill's Moves Make It More Appealing Takeover Candidate [View article]
    What would Goldman Sachs gain by buying Merrill? I think that is a crazy idea. Furthermore, JP Morgan just bought Bear Stearns. Will they really buy another broker?

    The more interesting rumor is one posted on the NYT DealBook today stating that Goldman Sachs "might" be in the market to buy a bank if the price was right. Despite today's rally, we should continue to see weakness in the bank stocks so GS might get their chance. Now that would be risky and aggressive, but would make more sense than GS buying MER.

    karlzachar.com
    Jul 29 17:51 pm |Rating: 0 0 |Link to Comment
More on HBC by Karl Zachar
Comments by Ticker
Karl Zachar's
Comments Stats
10 comments
Rating: 0 (0 - 0 )