Citibank/Wachovia merger off - now it's Wells Fargo - Early Retirement & Financial Independence Community

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Citibank/Wachovia merger off - now it's Wells Fargo

10-03-2008, 07:01 AM	#1
REWahoo Administrator Join Date: Jun 2002 Location: Texas Hill Country Posts: 16,480	The FDIC brokered $1 per share purchase of Wachovia by Citibank has been trumped by a $7 per share purchase by Wells Fargo - with NO govt. involvement. Wachovia's board approved the sale last night. Bet the Wachovia shareholders are in a better mood today... Wells Fargo acquiring Wachovia for $15.1 billion - Yahoo! News __________________ Numbers is hard... Last edited by REWahoo; 10-03-2008 at 07:12 AM.

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