Acquisition History / Bank of America / FleetBoston Financial

Bank of America Acquires FleetBoston Financial

Announced January 2004 — $47B

Bank of America2004

What happened

FleetBoston Financial was a company, acquired by Bank of America for $47 billion.

Acquirer
Bank of America
Target
FleetBoston Financial
Announced
January 2004
Price
$47B
Buyer type
Strategic acquirer
Status
Closed

By the numbers

Bank of America's acquisition history
1st of 5 tracked deals
Disclosed prices
5 of 5 Bank of America deals
Bank of America's average disclosed price
$31.26B
Bank of America's largest disclosed deal
Merrill Lynch ($50B)
Tracked acquisitions in 2004
69 across all acquirers

Frequently Asked Questions About This Acquisition

When did Bank of America acquire FleetBoston Financial?

Bank of America acquired FleetBoston Financial on January 2004. This was Bank of America's 1st publicly tracked acquisition out of 5 we have on record.

How much did Bank of America pay for FleetBoston Financial?

Bank of America paid $47B for FleetBoston Financial.

What does FleetBoston Financial do?

FleetBoston Financial was a company, acquired by Bank of America for $47 billion.

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