MutualFundWire.com: Bank to Buy Merrill?
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Friday, May 4, 2001

Bank to Buy Merrill?


Security Capital has relaunched a security check style Web site with more information on its various products. The site now features a link to its lone US real estate mutual fund which provides daily NAV, investor information, and Web casts.

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The rumors speculating that HSBC will buy out Merrill Lynch continue to fly on the market, according to a Reuters report. Industry watchers say that, although the deal appears attractive, it is unlikely to go through.


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