Q.
Bank of America Corp said it agreed to buy Merrill Lynch & Co Inc in an all-stock deal worth $50 billion, snagging the world's largest retail brokerage after one of the worst-ever weekends on Wall Street.
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Asked by SENSEX,
15 Sep '08 11:22 pm
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Answers (1)
1.
Merrill Lynch CEO is a smart guy. He clinched the deal just in time and save Merrill Lynch from the disaster Lehman Bank has faced (Because its CEO didn't go for a deal in spite being advised to do so ).
Answered by QueSera Sera, 15 Sep '08 11:28 pm
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