Wednesday, December 06, 2006

Bank of New York to acquire Mellon

Bank of New York to acquire Mellon

By Simon Kennedy And David Enrich

The Wall Street Journal Europe

05 Dec 2006



NEW YORK— Bank of New York Co. has agreed to buy Mellon Financial Corp. for about $16.5 billion in stock in a deal that will create one of the world’s largest custodians of financial assets and a top 10 assetmanagement firm. Executives said the... read more...
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