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Read between the line again, still not done deal yet.
And market is not buying this idea 100%.
It COULD earn some money, but it IS losing money at this very moment.
MER is around U$20 now, still below Temasek's cost.
May not be real profit. Read this:
<quote>
These are some questions which arises in my mind regarding the BAC MER
deal. To get some answers to these I tried to look for a merger
agreement however
couldn't find any. As I understand no such agreement has been
published yet. If anyone on...