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10/04/08
2 banks spar over Wachovia purchase
Filed under: General, Business
Posted by: Lillian Wong @ 5:31 pm

NEW YORK - A battle broke out Friday for control of Wachovia, as Wells Fargo agreed to pay $15.1 billion for the struggling bank, while Citigroup and federal regulators insisted that Citi’s earlier and lower-priced takeover offer go forward.  more…

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