Bank of America - Bank of America won approval from the Federal Reserve to acquire LaSalle Bank Corporation from ABN AMRO
Time: Tuesday Sep 4, 2007
Place: Charlotte, North Carolina, U.S.
Details: On September 14, 2007, Bank of America won approval from the Federal Reserve to acquire LaSalle Bank Corporation from ABN AMRO for $21 billion. With this purchase, Bank of America possessed $1.7 trillion in assets. A Dutch court blocked the sale until it was later approved in July. The acquisition was completed on October 1, 2007.
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