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AMSTERDAM, Netherlands (AP) - ABN Amro NV said Monday it will let shareholders decide between a hostile 71.1 billion euros ($96.4 billion) mostly cash takeover offer from a group of banks led by Royal Bank of Scotland PLC and a friendly all-share bid by Barclays PLC worth around 64.2 billion euros ($87.1 billion).
ABN said it had received the RBS bid on Saturday, but could not recommend it because RBS had also made a separate $24.5 billion offer for ABN's Chicago-based U.S. subsidiary, LaSalle Bank Corp.
Either deal for ABN Amro would be the largest in banking history.
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