mergers

BofA May Nix Countrywide Deal

Bank of America is now being urged to reconsider their Countrywide bid. Ari Levy and Christopher Stern, Bloomberg News, report that Sen Chuck Schumer (D-NY) wants BofA to consider cutting the $4 billion price tag for the deal. Investors have speculated that Bank of America may seek better terms or cancel its takeover of Countrywide...

Vested Interest: 
No vested interest
Stock Symbol: BAC BK OF AMERICA CP Stock Price: $22.40 Todays Change: -0.14 (-0.62%)