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Merrill Lynch & Blackrock Inc. Merge

MERRILL LYNCH OKS SWAP

Retail brokerage giant Merrill Lynch & Co. Inc. has agreed to combine its asset-management business with money manager BlackRock Inc. in exchange for a nearly 50 percent stake in BlackRock.
Ref. deseretnews.com

Merge Blackrock and Lynch Merrill

Another big merger of corporate companies. The more this happens, the worse it is for consumers, it creates less competition to keep prices down for us. Although this merger may be beneficial to the market, allowing them to offer more services to the public for a lower price. I guess we will see, the retail market still has allot of competitors in it.