UPDATE 3-Merrill to raise $6.6 billion from Kuwait, Japan

Story date: 2008-01-15 07:55:00
Added on: 2008-01-15 20:00:49

Reuters - TOKYO/NEW YORK, Jan 15 (Reuters) - Merrill Lynch & Co. Inc's (MER.N: Quote , Profile , Research ) scramble to raise capital -- spurred by huge mortgage losses -- continued on Tuesday with a $6.6 billion offering of preferred shares to a group that ...


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