MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, May 26, 2006 BlackRock Absorbing Merrill Funds As part of the two companies' gradual hand-over process, BlackRock is asking shareholders to O.K. a major sweep of mergers with funds from Merrill Lynch. The sale of Merrill Lynch's investment management unit to BlackRock hit the headlines in February. Dow Jones Newswires spotted BlackRock's recent SEC filing outlining the proposed consolidation, which is slated for the fourth quarter and notably includes uniting Merrill's $239.8 million Merrill Lynch U.S. High Yield Fund with the $933 million BlackRock High Yield Bond Portfolio. Printed from: MFWire.com/story.asp?s=11897 Copyright 2006, InvestmentWires, Inc. All Rights Reserved |