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Reuters: Merrill considers Bloomberg, BlackRock sales: report

Started by chris, July 07, 2008, 09:41:15 AM

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chris

Merrill considers Bloomberg, BlackRock sales: report
      


(Reuters) - Merrill Lynch & Co  is moving closer to selling stakes in financial firm BlackRock Inc  and information provider Bloomberg LP in an effort to raise cash to make up for $6 billion in coming write-downs, the Wall Street Journal said Monday citing people familiar with the matter.
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