6/30/2008

Merrill Lynch might be forced to sell its 49% stake in money-management firm BlackRock to raise capital. The option was raised after Merrill's bid for Bloomberg to buy out its stake in the news and financial-data company faltered. Merrill CEO John Thain said he thinks the company's 20% stake in Bloomberg is worth $6 billion. But people inside Merrill said Bloomberg offered about half of that price.

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