No. of Recommendations: 3

Not exactly a merger, but the difference: only Yul Brenner's hairdresser knows for sure.

Black Rock is an important company for closed-end bond funds and terminal trusts. I have no idea whether getting in bed with Merrill Lynch bodes ill, but since I regard ML as a legalized mafia (given what they got away with screwing small investors with investment banking scams during the "bubble"), I reserrve the right to assume the worst.
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