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Archive Home > 2008 > October > 10 > Negotiations over Wachovia are ended

Negotiations over Wachovia are ended


October 10, 2008

NEW YORK — Citigroup has ended negotiations with Wells Fargo in its fight to acquire Wachovia, saying it believes it has strong legal claims against Wachovia and Wells Fargo for breach of contract, and plans to pursue its claims vigorously.

Citigroup agreed last week to buy....

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