Merrill Lynch, Bank of America shareholders to vote on merger Dec. 5

By Lisa Kerner

Charlotte, N.C., Nov. 3 - Merrill Lynch & Co., Inc. and Bank of America Corp. shareholders will be asked to approve the merger of the two companies at separate meetings on Dec. 5, according to a 424B3 filing with the Securities and Exchange Commission.

Bank of America shareholders will vote at 11 a.m. ET in Charlotte, N.C.

Merrill Lynch shareholders will vote at 8 a.m. ET in New York.

Record date for the meetings is Oct. 10.

Both companies' boards of directors unanimously approved the transaction and recommend their respective shareholders vote in favor of the merger, the filing said.

On Sept. 15, Bank of America announced it would buy New York-based investment firm Merrill Lynch in a $50 billion all-stock transaction.

Bank of America, based in Charlotte, N.C., said it will exchange 0.8595 shares of its common stock for each Merrill Lynch common share.

The Federal Trade Commission granted early termination of the Hart-Scott-Rodino waiting period in October.

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