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PREMIUM NEWS ARCHIVE

Bank of America out to buy LaSalle: $21 billion deal may be announced Monday.

Article from: Chicago Tribune (Chicago, IL) Article date: April 23, 2007

Byline: John Schmeltzer and Becky Yerak

Apr. 23--Bank of America, the nation's second-largest bank, is expected to announce Monday the purchase of LaSalle Bank for $21 billion in a deal that would reshape the Chicago banking scene and possibly lead to a name change, according to people familiar with the deal. The sale of Chicago's second-largest bank is being triggered by the expected acquisition of LaSalle's Dutch parent, ABN Amro, by the British bank Barclays PLC for more than $80 billion. In addition to the 140 ...

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