Merrill Lynch (MER) To Sell Bloomberg Shares For $4.5 Billion

Posted: July 16, 2008 at 3:03 pm

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According to CNBC, Merrill Lynch (MER) will sell its share in Bloomberg to trust holding Bloomberg ownership for $4.5 billion.

The same reports says that Merrill will not sell its piece of Blackrock (BLK)

Douglas A. McIntyre

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