BofA Sells Remaining BlackRock Stake for $2.5 Billion

Bank of America (BAC) has agreed to sell its remaining stake in BlackRock (BLK) for $2.5 billion, severing ownership ties BlackRock  forged with Merrill Lynch before the financial crisis forced the bank’s merger with the biggest U.S. lender. – FT

Be the first to comment

Leave a Reply

Your email address will not be published.


*