It looks like people don't think BoA will be able to get the financing to purchase MER. If the fed cuts rates, will that be the impetus the market needs for a jump up to the 29/share deal price?
Financing???? Its issuing its shares, as BOA shares go down so does MER.
Quote from krazykarl:
It looks like people don't think BoA will be able to get the financing to purchase MER. If the fed cuts rates, will that be the impetus the market needs for a jump up to the 29/share deal price?
