Bank of America Tender Offer?

Discussion in 'Wall St. News' started by MrDODGE, Feb 15, 2009.

  1. Friend just called and notified me that he heard people are receiving letters from Scottrade indicating a tender offer for Bank of America. I expect this to be a rumor but am unsure given the crazy things that have happened over the past year.

    Has anyone else heard about this?
  2. At what price?
  3. He didn't know any details. That is why I am expecting this to be pure rumor.
  4. Jander


    just a mini tender, dont think the offer is above market
  5. Futures has proven to be ineffective so they are not going directly into the market. PPT is getting desperate!
  6. Maybe Chinese want to embarass US by making another offer on a US "landmark".
  7. Maybe it's those Somali Pirates, after the Citibank deal fell through.

    .10 cents a share is better than the FDIC seizing it and shareholders getting nothing.
  8. kxvid


  9. Guys , bear with me.

    WTF is going on?

    This has to be a hoax, right?
  10. I hear there's a tender offer for the US of A coming Tuesday morning.
    #10     Feb 16, 2009