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Merrill to sell Bloomberg stake for $4.5bln: source (Reuters)

Started by riky, July 17, 2008, 12:42:28 AM

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riky

Merrill to sell Bloomberg stake for $4.5bln: source
    (Reuters)

 


Reuters - Merrill Lynch & Co Inc  has
agreed to sell its 20 percent stake in Bloomberg LP back to the
news and financial data company for about $4.5 billion, a
source familiar with the situation said on Wednesday.


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