TITLE

Merrill-BlackRock Talks Reported

AUTHOR(S)
Mazzucca, Tim
PUB. DATE
February 2006
SOURCE
American Banker;2/14/2006, Vol. 171 Issue 30, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article talks about a deal between Merrill Lynch & Co. Inc. and BlackRock Inc. that would have Merrill Lynch hand over its investment management unit to BlackRock for a stake in the company. Merrill would trade Merrill Lynch Investment Managers, which had $538 billion of assets under management as of Dec. 31, for 49% of BlackRock, according to a report in Monday's Wall Street Journal.
ACCESSION #
19792648

 

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