Industry NewsMarkets & Economy

Wells makes play for Wachovia

Citi protests agreement announced today
Published on Oct 3, 2008

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by CareyBot

Walls Fargo & Co. is the new suitor for Wachovia Corp., today announcing a merger agreement worth about $15.1 billion -- but Citigroup Inc., the financial services company that had planned to buy Wachovia in a deal announced Monday, is crying foul.

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