According to the article today in the Boston Globe, not only does Fidelity Investments Chairman Ned Johnson deny persistent rumors of the privately held instituion being sold, but he reacted by sounding even oblivious to the rumors.
I cannot believe that this man has not heard of the Bank of America rumors and would not take stock in anything he says at this point given his recent track record and low morale of the company's employees.
A pretty good read, check it out--
Boston Globe Fidelity Sale Rumors Article