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Bank of America to buy Countrywide for $4B

January 10, 2008

Bank of America Corp said on Friday it agreed to acquire battered mortgage lender Countrywide Financial Corp in a $4 billion transaction that could help avert one of the biggest collapses from the U.S. housing crisis.

*For more on this story,

read the full Reuters article.

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Bank of America to buy Countrywide for $4B

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