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Chevy Chase, MD

Mar 12, 2008

Bank of America stands by purchase

“The only reason the stock isn't trading lower is the perception of heavy regulator support or coercion on this deal”

Bank of America Corp., the largest U.S. bank by market value, plans to press ahead with its $4 billion takeover of Countrywide Financial Corp., the mortgage lender under FBI investigation for possible ... via Worcester Telegram & Gazette

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