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Reuters: BofA may renegotiate Countrywide deal price: Friedman

Started by chris, May 05, 2008, 04:56:49 PM

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chris

BofA may renegotiate Countrywide deal price: Friedman
      


(Reuters) - Bank of America Corp  is likely to renegotiate its deal to buy Countrywide Financial Corp  down to the $0 to $2 level or completely walk away from it, said Friedman, Billings, Ramsey, which downgraded Countrywide to "underperform" from "market perform."
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