BlackRock (BLK +1.3%) agrees to repurchase BofA's (BAC +0.5%) remaining ownership interest in...

|By:, SA News Editor

BlackRock (BLK +1.3%) agrees to repurchase BofA's (BAC +0.5%) remaining ownership interest in BlackRock totaling 13.5M of its Series B Convertible Preferred Shares for ~$2.545B, or $187.65/share. (PR)