Merrill Lynch (MER) Trading Below $16

This morning, Merrill Lynch (NYSE: MER) is trading below $16 per share. It is trading at a significant discount to the offer Bank of America (NYSE: BAC) proposed Sunday night. These are interesting times and looks like investors are not believing in the Bank of America, Merrill Lynch merger.

Merrill Lynch & Co., Inc. together with its subsidiaries, provide investment, financing, insurance, and related services to individuals and institutions.
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