(Reuters) – Merrill Lynch & Co’s (MER.N: Quote, Profile, Research, Stock Buzz) talks to sell bad loans to Korea Asset Management Corp (KAMCO) faced a deadlock due to a disagreement over price, the South Korean state agency said on Thursday.
Bloomberg reported earlier, citing KAMCO chief executive Lee Chol-Hwi, that the sale was faltering over differences in assessing the value of assets.
