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Empresas y finanzas

BofA settles Merrill Lynch lawsuit, to pay $2.43 billion


    (Reuters) - Bank of America said it settled a class action lawsuit with investors who purchased or held Bank of America securities at the time the company announced plans to acquire Merrill Lynch.

    BofA will pay $2.43 billion, resulting in a litigation expense of $1.6 billion for the quarter ending September 30.

    (Reporting by Tanya Agrawal in Bangalore; Editing by Supriya Kurane)