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  • What B of A Gets by Passing on Lehman & Gobbling Up Merrill [View article]
    So I'm a little confused on this... has BAC actually agreed to pay $50B for MER? Or have they agreed to pay 0.86 in BAC shares per 1 share of MER as of some closing date? Is the $29 a guaranteed number? I can't see how it is since MER is still hanging out in the teens...

    Anyone care to shed some light? Thanks!
    Sep 16 02:52 am |Rating: 0 0 |Link to Comment
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