ABN Amro gets hostile $96B bid from RBS

ABN Amro gets hostile $96B bid from RBS

Mon May 7, 3:18 PM ET

AMSTERDAM, Netherlands - 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).