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On Sunday, September 14, 2008, Bank of America announced it was in talks to purchase Merrill Lynch for $38.25 billion (~$53.2 billion in 2023) in stock. Later that day, Merrill Lynch was sold to Bank of America for 0.8595 shares of Bank of America common stock for each Merrill Lynch common share, or about US$50 billion or $29 per share.
t. e. The following is a list of events of the year 2023 in the United States . The dominant political story of the year has been the 270-day long speakership of Representative Kevin McCarthy, whose slim majority in the House of Representatives has enabled a far-right rebellion to exert more weight over the lower chamber.
United States v. Google LLC is an ongoing federal antitrust case brought by the United States Department of Justice (DOJ) against Google LLC on January 24, 2023. [1] The suit accuses Google of illegally monopolizing the advertising technology (adtech) market in violation of sections 1 and 2 of the Sherman Antitrust Act of 1890.
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Should Social Security beneficiaries see a 3.2% increase in their monthly checks next year, it would mark a steep decline from 2023, when recipients saw an 8.7% bump. However, it remains higher ...
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The trustees credit the improvement to the country's strong job market and wage growth over the past year. The fund that pays out monthly benefits to seniors—known as the Social Security Old-Age ...
Merrill Lynch & Co., formally Merrill Lynch, Pierce, Fenner & Smith Incorporated, was a publicly-traded American investment bank that existed independently from 1914 until January 2009 before being acquired by Bank of America and rolled into BofA Securities . The firm engaged in prime brokerage and broker-dealer activities and was headquartered ...