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Sunday, September 16, 2012

Australia's Rip Curl says has received approaches, (NYSE: BAC)

Australia's Rip Curl surfwear company said on Monday it has received unsolicited approaches from several international companies looking to invest in the privately held firm. Rip Curl said in a statement it has appointed Bank of America Merrill Lynch to advise on exploring these opportunities and assess the merits of introducing an investor to the group.

Bank of America Corporation (Bank of America) is a bank holding company, and a financial holding company. Shares of BAC traded higher by 1.6% or $0.15/share to $9.55. In the past year, the shares have traded as low as $4.92 and as high as $10.10. On average, 130911000 shares of BAC exchange hands on a given day and today's volume is recorded at 329640896.



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