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The company also had $749 million in merger costs.
Excluding merger costs and other items, the loss came to 27 cents a share.
BoA said Merrill contributed $3.7bn to its profits, before taking into account merger costs of $510m.
Pretax merger costs of $125 million cut profit by 4 cents a share, the company said.
Excluding merger costs, profit totaled $1.19 a share, matching forecasts of analysts polled by Reuters Estimates.
Counting long-term acquisition and merger costs, EarthLink had a $90.5 million loss in the quarter.
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What's more, an AT&T filing in the merger process revealed that the company had plans to expand the coverage to 97 percent on its own for $3.8 billion — a tenth of the merger cost.
The company, which is fighting an uphill battle to win MCI, says it sees merger cost savings of more than $10 billion over the first four years.
Most political analysts believe that breakdown is a good sign for Mr. Corzine, because Mr. Florio's campaign has tried to portray Mr. Corzine as a Wall Street robber baron whose corporate mergers cost thousands of workers their jobs.
But other decapitations have been mostly the result of post-merger cost-cutting and internal politics.
The companies recently increased the number of expected layoffs to about 5,000 and raised their estimate of the merger's costs to $3.2 billion before taxes, up from $2.8 billion.
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