Merrill (MER) Goes To Wachovia (WB) About Merger
October 26, 2007 by Douglas A. McIntyreThe New York Times reports that Stan O’Neal, the CEO of Merrill Lynch (MER) approached Wachovia (WB) about a potential merger of the firms.
The board of Merrill was upset because it was not consulted.
Still, given the broker’s current position, it seems like a sensible thing to have done.
Douglas A. McIntyre
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