Industry NewsMortgage

Feds OK Wells Fargo-Wachovia merger

Combined company to have offices in 39 states
Published on Oct 10, 2008

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by CareyBot

Wells Fargo & Co. has the go-ahead from federal antitrust regulators to acquire Wachovia Corp. in a $12 billion deal that will create a combined company with $1.42 trillion in assets, 48 million customers, and community banks in 39 states.

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