Search

Bank of America To Become One of Nation's Largest Credit Issuers

0 views

Yesterday, Bank of America announced that it will become one of the largest credit issuers in the United States as it acquires MBNA Corporation. It is a $35 billion deal at $27.50 per MBNA share. MBNA shareholders will receive 0.5009 shares of Bank of America common stock for each of their shares, as well as $4.125 in cash for each share.

Bank of America To Become One of Nation's Largest Credit Issuerslatest ebusiness news.

Suggest a Correction

Found an error or have a suggestion? Let us know and we'll review it.

Share this article

Comments (0)

Please sign in to leave a comment.

No comments yet. Be the first to comment!