Wells bids $15 billion for Wachovia; scuffles with Citi (Reuters)
Posted: Sat Oct 04, 2008 9:49 am
Reuters - Wells Fargo & Co agreed to buy Wachovia Corp for about $15 billion, upstaging a government-backed Citigroup Inc bid for Wachovia's banking assets with a deal that would catapult it into the top ranks of national consumer banking.
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Hat tip: Yahoo News
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Hat tip: Yahoo News