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DealBook: Bank of America to Pay $2.43 Billion to Settle Suit Over Merrill Deal

Bank of America announced on Friday that it would pay $2.43 billion to settle a class action lawsuit related to its acquisition of Merrill Lynch.

 

BofA fails to meet congressional deadline

Bank of America Corp failed to meet a Monday midday deadline to hand over further details about its acquisition of Merrill Lynch to a congressional investigative committee, a panel spokeswoman said.

 

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