Seeking Alpha

Bank of America (BAC)'s agreement to buy Merrill Lynch (MER) for about $50B in stock, or...

Bank of America (BAC)'s agreement to buy Merrill Lynch (MER) for about $50B in stock, or $29/share, is a 70% premium over Friday's closing price. Goldman Sachs (GS) and Morgan Stanley (MS) are now the last of the Big Five still standing.
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