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LaSalle Bank to be sold to Bank of America

April 23, 2007

LaSalle Bank, which has offices downtown and in Carmel, will be spun off by its Dutch Parent, ABN Amro, to Charlotte, N.C.-based Bank of America for $21 billion as part of a larger deal considered to be the world’s biggest financial-services takeover.

ABN Amro this morning said it would back a $91 billion acquisition offer from Barclays, the London-based bank giant, but consider other offers.

LaSalle’s headquarters in the U.S. is  in Chicago.

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