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Hedge fund SRM to vote against BofA’s offer for Countrywide

By Lina Saigol in London and David Wighton in New York

Published: February 1 2008 02:00 | Last updated: February 1 2008 02:00

Bank of America’s $4.1bn (€2.8bn) offer for Countrywide Financial was thrown into doubt yesterday when a large shareholder in the biggest US mortgage lender said it would vote against the deal.

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Florida probes Countrywide over subprime loans

TALLAHASSEE, Florida (Reuters) - Florida has subpoenaed Countrywide Financial Corp (CFC.N: Quote, Profile, Research) as part of a widening investigation into subprime lending practices, the state’s attorney general said on Thursday.

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Bank of America buyout of Countrywide

On January 12, 2008, Bank of America buys Countrywide Financial.
The transaction is expected to close in the third quarter of 2008. For more information about this acquisition please visit countrywide.com

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