Merrill (MER) CEO Considering Selling BlackRock (BLK) Stake - CNBC
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CNBC's Charlie Gasparino said Merrill Lynch (NYSE: MER) CEO John Thain is considering selling its BlackRock (NYSE: BLK) stake.
Gasparino said Thain doesn't want to dilute shareholders any more, so will consider selling assets, Blackrock or Bloomberg, to raise capital.
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They should sell
HelpBlackrockHolders on Jun 27, 2008 05:00 AMMerrill seems to have purchased a lot of Blackrock funds without clients permission. www.merrill-injustice.org