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Press Release: Bank of America Completes Merrill Lynch Purchase

Bank of America Completes Merrill Lynch Purchase Gains Strength in Wealth Management, International and Investment Banking Businesses Bank of America Corporation today completed its purchase of Merrill Lynch & Co., Inc. creating a ...

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Bank of America completes acquisition of Merrill Lynch

Bank of America Corporation (BofA) has completed its purchase of Merrill Lynch, to create the largest wealth management business in the world. The transaction was hurriedly agreed in mid-September, shortly before Lehman Brothers filed for bankruptcy protection. Shareholders of Merrill Lynch received .8595 shares of BofA common stock for each common share of Merrill Lynch held. The merged...

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Bank of America Completes Merrill Lynch Purchase

CHARLOTTE, N.C., Jan. 1 /PRNewswire/ -- Bank of America Corporation today completed its purchase of Merrill Lynch & Co., Inc. creating a premier financial services franchise with significantly enhanced wealth management, investment banking and internation...

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Fitch: BofA Enhances Global Franchise with Merrill Buy; IDR Affirmed at 'AA-'

CHICAGO--(BUSINESS WIRE)--Bank of America Corporation's (BAC) completed acquisition of Merrill Lynch & Co., Inc., (MER) enhances the bank's already global presence in capital markets activities, investment banking,

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Former Merrill exec gets $25 million for doing nothing; buys co-op

Filed under: Bank of America (BAC) , Merrill Lynch (MER) Here's a pretty awesome deal: Work for Merrill Lynch for a few days until it's acquired by Bank of America Corporation (NYSE: BAC ) and receive a $25 million golden parachute. Then turn around and buy a $37 million Park Avenue apartment. Peter Kraus was hired to help with "overseeing the firm's business strategy and investments;...

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Former Merrill exec gets $25 million for doing nothing; buys co-op

Filed under: Bank of America (BAC) , Merrill Lynch (MER) Here's a pretty awesome deal: Work for Merrill Lynch for a few days until it's acquired by Bank of America Corporation (NYSE: BAC ) and receive a $25 million golden parachute. Then turn around and buy a $37 million Park Avenue apartment. Peter Kraus was hired to help with "overseeing the firm's business strategy and investments;...