In the Bank of America/Merrill Lynch acquisition case, a federal judge blocked further action by the company:

Question

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The federal judge blocked further action until there was further information regarding waiver of the attorney/client privilege. This was related to the issue of whether Bank of America had properly disclosed information about Merrill Lynch's losses to its shareholders before they approved the acquisition. The attorney/client privilege was a key factor in determining whether certain documents related to this issue could be made public.

In the Bank of America/Merrill Lynch Acquisition Case, a Federal