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Wells bids $15 billion for Wachovia; scuffles with Citi (Reuters)

Date : 03 Oct 2008 Category : Business

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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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