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Did This Acquisition Help Bank of America Investors?

By David Hanson and Matt Koppenheffer - Apr 8, 2013 at 4:38PM

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After all its trials and tribulations, will this acquisition actually end up paying off for Bank of America investors?

A New York judge has just approved Bank of America's (BAC -3.08%) $2.43 billion settlement of the lawsuit brought against it by B of A shareholders over its acquisition of Merrill Lynch. The shareholders felt Bank of America did not disclose to them Merrill Lynch's massive Q4 2008 losses. But, with B of A putting this litigation behind it, will Merrill Lynch prove to be a worthwhile investment after all?

In this video, Fool financial analysts David Hanson and Matt Koppenheffer give their perspectives. 


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