{"id":195539,"date":"2008-07-02T05:08:00","date_gmt":"2008-07-02T10:08:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/07\/02\/bank-of-america-gets-37-discount-on-countrywide-buy\/"},"modified":"2008-07-02T05:08:00","modified_gmt":"2008-07-02T10:08:00","slug":"bank-of-america-gets-37-discount-on-countrywide-buy","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/07\/02\/bank-of-america-gets-37-discount-on-countrywide-buy\/","title":{"rendered":"Bank of America Gets 37% Discount on Countrywide Buy"},"content":{"rendered":"<p>It appears that they <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&amp;sid=af9EoP0ySH6c&amp;refer=home\">paid  $2.5 billion, not the originally agreed to $4 billion<\/a>.<\/p>\n<p>This was not driving a hard bargain.  It&#8217;s just that the buy was a stock swap, and BoA&#8217;s stock has slumped recently as a result of worries about the deal.<\/p>\n<p>I still say that there is a lot of pain to come in the deal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It appears that they paid $2.5 billion, not the originally agreed to $4 billion. This was not driving a hard bargain. It&#8217;s just that the buy was a stock swap, and BoA&#8217;s stock has slumped recently as a result of worries about the deal. I still say that there is a lot of pain to &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1004],"tags":[],"class_list":["post-195539","post","type-post","status-publish","format-standard","hentry","category-finance"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/195539"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=195539"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/195539\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=195539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=195539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=195539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}