The rumor BAC buying MER should be good for SKF 'cause BAC
should go down, MER up, with BAC comprising of 6% of
SKF. More or less this is a damage control from the Lehman
fallout.
It's hard to swallow MER without knowing how much liability
it has. Isn't it cheaper and cleaner to go after LEH
assets?
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I thought BAC withdrew from
Bank of America is in advanced talks to buy Merrill Lynch for at least $38.25 billion in stock
Posted by maggi3322 on 14th of Sep 2008 at 05:08 pm
I thought BAC withdrew from the negotiations?
should have read post thoroughly,
Posted by maggi3322 on 14th of Sep 2008 at 05:40 pm
should have read post thoroughly, read it as bac in talks to buy leh. will pay more attention ;)
The rumor BAC buying MER
Posted by frank95 on 14th of Sep 2008 at 05:28 pm
The rumor BAC buying MER should be good for SKF 'cause BAC should go down, MER up, with BAC comprising of 6% of SKF. More or less this is a damage control from the Lehman fallout.
It's hard to swallow MER without knowing how much liability it has. Isn't it cheaper and cleaner to go after LEH assets?