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Bank of America

Bank of America won approval from the Federal Reserve to acquire LaSalle Bank Corporation from ABN AMRO

Tuesday Sep 4, 2007
Charlotte, North Carolina, U.S.

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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