Barclays Rallies on Deal Speculation

A Merrill Lynch analyst believes Bank of America is interested in acquiring the British bank

Bank of America Corp. (BAC) wants to buy the British giant Barclays PLC (BCLYF), Merrill Lynch said in a research note Dec. 8. Barclays shares rose after the news, but not all market players jumped to the conclusion that the two financial services giants will ultimately hook up.

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