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Merrill Deal Creates Huge Gains, Some Risks For BofA

By Shannon Henson (September 15, 2008, 12:00 AM EDT) -- Bank of America's stunning announcement that it would acquire Merrill Lynch & Co. Inc. in a $50 billion all-stock transaction just two months after it finished its purchase of beleaguered mortgage lender Countrywide Financial Corp. creates some legal risks, but may pay off for the commercial bank....

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