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Bank of America to buy Countrywide for $4 billion in stock

Started by morganb · 6 months ago

Bank of America will purchase Countrywide for $4 billion in stock, saving the mortgage lender from the threat of bankruptcy.
From MarketWatch:
Bank of America Corp. said on Friday it’s purchasing Countrywide Financial Corp. for $4 billion, effectively doubling down on a pre ... Continue reading »

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