BlackRock

Merrill’s Bloomberg Stake May Fetch $5 Billion: Report 

Let’s start with what’s (mostly) known at this point: Merrill Lynch & Co. [stock MER][/stock] is likely to sell assets. After all, CEO John Thain has said the Wall Street firm will not need to raise additional equity, and it’s generally assumed that Merrill needs additional capital to weather the ongoing credit and mortgage storm.