Merrill's purchase of Shaw could boost its online trading efforts

Cintron, Ivan
February 1999
Bond Buyer;02/24/99, Vol. 327 Issue 30585, p28
Trade Publication
Reports on Merrill Lynch & Co.'s acquisition of the Internet technology division of investment bank D.E. Shaw in an effort to boost its fledgling online trading effort. Estimated value of the deal; Amount of losses suffered by D.E. Shaw in its bond portfolio in 1998; Severance of D.E. Shaw's ties with BankAmerica Corp.


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