David Fry ( ETF Digest ) Submits: MARKET COMMENT January 29, 2007 The major markets moved up slightly on the strength of M&A activity given all the liquidity sloshing about the globe. The litany includes Friday’s late announcement by BAC exploring acquisition of Country Wide, and today C buying a British online bank [Egg], ML buying FRC, perhaps a large BMY acquisition by SNY and a combination of newsprint companies ABY and BOW
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