A Bank of America logo is pictured in the Manhattan borough of New York City, New York,

U.S., January 30, 2019. REUTERS/Carlo Allegri/File Photo

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Bill Ackman in a tweet on Friday said Bank of America (BAC.N)

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is going to acquire Signature Bank (SBNY.O) on Monday, without citing the source of information.

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"I am hearing that @BankofAmerica is going to buy Signature Bank on Monday.

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Unless and until we can protect uninsured deposits, the cost of capital is going to rise

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