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Jan 11, 2008 4:16 PM
Bank of America announced today that it would acquire Countrywide for $4 billion in stock, ending months of speculation that the beleaguered mortgage originator could go bankrupt. Since last summer, when it started to become apparent how much trouble the mortgage industry was in, there have been fears that large…
Posted In: Advertising, Money, M&A & Venture Capital, Mergers & Acquisitions, bank of america, countrywide
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