Bank of America
$21 Billion dollars is the final offer from Bank of America
Bank of America acquires LaSalle Bank
by: Jack Leeroy - 4/23/07
Chicago, IL. (1pennystock.com) -- Bank of America wants more Customers and to do that they are willing to pay a generous offer of $21 billion dollars to LaSalle Bank Corp.
"I think there is a huge opportunity here, but the near-term costs are what people initially see," said Jefferson Harralson, an equity analyst with Keefe, Bruyette & Woods Inc. in Atlanta. "Long term, it's a great strategic move for them."
"Chicago is attractive to us," Bank of America Chairman and Chief Executive Ken Lewis "The opportunity arose and we acted."
Those 2 banks combine together will surpass the leader JPMorgan Chase & Co. in the United States.
"We will not plan on changing our retail deposit strategy," Lewis.
Submit your Press Release on any Stocks.
- Dendreon put options price went up!
- Sirius Satellite could be a buyout candidate!
- Bank of America acquire Lasalle Bank for $21 Billiions
- Full coverage on Dendreon and Provenge
- Learn more about Provenge.
- Who are the true owners of Denderon?
- Will Warren Buffet invest in Denderon?
- CEO of Dendeon Sold 202,090 shares, he's not confident about Dendreon!
- WARNING: Investing in a drug that the FDA has not approve is Gambling.
- Fundamental Analysis on Denderon
- Dendreon Announces FDA Advisory Committee Reviewed Provenge ® for Hormone Refractory Prostate Cancer
Warning: 1pennystock.com does not offer stock recommendations in any way. You have to do your own research before you buy or sell any securities. This free report is for entertainment or education purposes only. Please consult your stock broker before you buy or sell any securities.