2009-10-06thedeal.com

"We speculated earlier Monday that IBM Corp. (NYSE:IBM) might want to buy data storage company Brocade Communications Systems Inc. (NASDAQ:BRCD), which may be for sale. But while we were speculating, IBM was announcing--and the deal it unveiled is a bit removed from the M&A path IBM has beaten of late. Big Blue says it's acquiring Bank of America Corp.'s (NYSE:BAC) Wilshire Credit Corp., including the Wilshire mortgage servicing platform."



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