Looking to raise cash, Bank of America (BAC) is in talks to sell its share in NPC International...

|About: Bank of America Corporation (BAC)|By:, SA News Editor

Looking to raise cash, Bank of America (BAC) is in talks to sell its share in NPC International - the largest U.S. Pizza Hut franchisee. BofA inherited NPC when it took over Merrill Lynch in 2009. Sources say the sale price could be more than $800M, but an analyst calculates the value as between $630-$735M.