Reuters: Bank of America to buy Merrill for $50 billion

[chris]

Bank of America to buy Merrill for $50 billion
      

WASHINGTON/NEW YORK (Reuters) - Bank of America Corp said it agreed to buy Merrill Lynch & Co Inc in an all-stock deal worth $50 billion, snagging the world's largest retail brokerage after one of the worst-ever weekends on Wall Street.
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