BofA Sets Closing Date For Countrywide Purchase
By James R. Hagerty and Valerie Bauerlein
Word Count: 318 | Companies Featured in This Article: Bank of America, Countrywide Financial
Bank of America Corp. aims to complete its planned acquisition of Countrywide Financial Corp. July 1.
An email sent to Countrywide managers early Thursday announced that target date, assuming that Countrywide shareholders approve the purchase, as expected, at a shareholders meeting June 25. A Bank of America spokesman later confirmed the planned timing, which is still subject to last-minute hitches. Speculation has swirled for ...