Merrill (MER) CEO Considering Selling BlackRock (BLK) Stake - CNBC

June 23, 2008 3:49 PM EDT
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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Charles Gasparino, John A. Thain