Bank of America (BAC)

Bank of America announced that it has signed a definitive agreement to sell First Republic Bank to a number of investors, led by First Republic's existing management, and including investment funds managed by Colony Capital, LLC and General Atlantic LLC.
The transaction is expected to close in the second quarter of 2010. Terms were not disclosed.

Oct 22 · 10:59:00 AM · Source: http://www.reuters.com/finance/stocks/keyDevelopme
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by Michael Oliveto