Saturday, May 5, 2007

ABN halts offers for LaSalle but RBS to bid-report

(Reuters) - On Friday, ABN asked the Dutch court for clarity on whether its ruling to freeze the LaSalle sale affected a "go shop" provision, allowing counter bidders to trump Bank of America's $21 billion offer.

ABN was not immediately available to comment. The Dutch court would not give clarification on its ruling until after the weekend, a spokesman for the court said on Saturday.


Read more at Reuters.com Mergers News

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