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Ally Bank Buying ING Direct?
Posted By Jim On 05/11/2011 @ 8:43 am In NEWS | 22 Comments
While I was on the Amtrak train to New York for a business meeting yesterday, I tweeted news  that Ally Financial was in talks to buy ING Direct. It’s still very early in the process but the news came from The NY Post  and there isn’t much additional news other than they’re “in talks.” The article cited sources that ING Direct could go for as much as $10 billion, which ING would be use to repay $13B in loans from the Dutch government.
It makes for some good chatter, so let’s chatter! What do you think about these two guys potentially combining into one? How do you like my “Paintshop” skills?
Article printed from Bargaineering: http://www.bargaineering.com/articles
URL to article: http://www.bargaineering.com/articles/ally-bank-buying-ing-direct.html
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 Tweet: http://twitter.com/share
 Email: mailto:?subject=http://www.bargaineering.com/articles/ally-bank-buying-ing-direct.html
 tweeted news: http://twitter.com/#!/bargainr/status/67938351952568320
 The NY Post: http://www.nypost.com/p/news/business/ally_financial_in_talks_to_buy_ing_51hSVWNT6X3Fwoz6wvCJhO
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