According to WSJ, BOA and MER are talking merger. Bank of America and Merrill Lynch & Co. Inc. are in merger discussions, according to people familiar with the matter. The talks come amid a Wall Street scramble to sort out a potential liquidation of Lehman Brothers Holdings Inc. Bank of America had considered buying Lehman, but when those talks failed to result in a deal, BofA turned its attention to Merrill, which is considered a better fit for the bank. Much remains uncertain and conditions were fluid. http://online.wsj.com/article/SB122142278543033525.html?mod=hpp_us_whats_news
Merrill Lynch in talks to sell itself to Bank of America for at least $38.25 billion: report 4:44pm EDT Never have seen a Sunday this eventful!!! This would mean $25~ a share for MER!