Please ensure Javascript is enabled for purposes of website accessibility

Did This Acquisition Help Bank of America Investors?

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

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

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. 

 

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Bank of America Corporation Stock Quote
Bank of America Corporation
BAC
$34.88 (-3.08%) $-1.11

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning service.

Stock Advisor Returns
349%
 
S&P 500 Returns
122%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 05/19/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.