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Thursday, March 19, 2015

Deals of the day-Mergers and acquisitions, (NYQ: BAC)

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:** Bank of America must allow shareholders to vote on a proposal that calls for the company to consider spinning off its investment banking business, after U.S. regulators told the bank it cannot exclude the proposal from its corporate ballot.

Bank of America Corporation (Bank of America) is a bank holding company and a financial holding company. Shares of BAC fell by 2.19% or $-0.35/share to $15.63. In the past year, the shares have traded as low as $14.37 and as high as $18.21. On average, 95628304 shares of BAC exchange hands on a given day and today's volume is recorded at 92485201.