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Citi and Wells Fargo Try to Negotiate Wachovia Settlement
Citigroup and Wells Fargo said that they had agreed to stop all court litigation in an effort to sort out their dispute over the acquisition of Wachovia.
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Wells Fargo, Citi battle for Wachovia (AP)
AP - A battle broke out Friday for control of Wachovia, as Wells Fargo agreed to pay $14.8 billion for the struggling bank, while Citigroup and federal regulators insisted that Citi's earlier and lower-priced takeover offer go forward.
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Citi ends talks with Wells Fargo over Wachovia
Banking giant Citigroup said Thursday it had ended talks with Wells Fargo about reaching an agreement to acquire parts of the struggling bank Wachovia and is no longer looking to buy any of Wachovia's assets.
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Fed Approves Wells Fargo's Takeover Bid for Wachovia (Update2) - Bloomberg
Telegraph.co.ukFed Approves Wells Fargo's Takeover Bid for Wachovia (Update2)Bloomberg - 36 minutes agoBy Scott Lanman Oct. 12 (Bloomberg) -- The Federal Reserve approved Wells Fargo & Co.'s $12.2 billion takeover of Wachovia Corp.Fed OKs Wells Fargo takeover of Wac
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Citigroup and Wells Fargo bid for Wachovia: report - Reuters
Los Angeles TimesCitigroup and Wells Fargo bid for Wachovia: reportReuters - 43 minutes agoNEW YORK (Reuters) - Citigroup Inc and Wells Fargo & Co were locked Sunday in a bidding war over a possible emergency takeover of Wachovia Corp, the New York Times said, citing
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Wachovia, Citi, Wells Fargo to halt litigation (Reuters)
Reuters - Wells Fargo & Co and Citigroup Inc agreed on Monday to a 44-hour truce in their fight over regional bank Wachovia Corp after a weekend of legal wrangling.
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DealBook: Citi Concedes Wachovia to Wells Fargo
Citigroup said that it has ended discussions with Wells Fargo over a proposed carve-up of Wachovia, ending a detente in a heated battle to take over the troubled Charlotte bank.
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DealBook: Citi Concedes Wachovia to Wells Fargo
Citigroup said that it has ended discussions with Wells Fargo over a proposed carve-up of Wachovia, ending a detente in a heated battle to take over the troubled Charlotte bank.
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Citi, Wells and Wachovia agree to legal 'standstill'
Citigroup, Wells Fargo and Wachovia agreed Monday to halt all litigation for two days in the bitter war over the ailing Wachovia.
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Wachovia to close Wells Fargo deal without shareholders' OK - MarketWatch
Boston GlobeWachovia to close Wells Fargo deal without shareholders' OKMarketWatch - 44 minutes agoBy Sue Chang , , ) will issue preferred shares as part of its merger agreement with Wells Fargo & Co. (WFC: , , ) without the usual shareholders' approval in a bid to proc
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Wells bids $15 billion for Wachovia; scuffles with Citi (Reuters)
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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Wells, Citi extend Wachovia standstill
Citigroup and Wells Fargo, the two banks fighting to buy Wachovia, agreed on Wednesday to extend a standstill on legal wrangling over the deal until Friday.
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Citi is right to walk away from Wachovia
Wells Fargo and Citigroup were apparently still battling over who should get the right to buy Wachovia on Thursday.
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Citigroup and Wells Fargo bid for Wachovia: report (Reuters)
Reuters - Citigroup Inc and Wells Fargo & Co were locked Sunday in a bidding war over a possible emergency takeover of Wachovia Corp, the New York Times said, citing people involved in the talks.
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Citigroup Secures NY Court Order To Temporarily Block Wachovia-Wells Fargo Deal (AHN)
(AHN) - Citigroup Inc. (NYSE: C) announced late Saturday that it has secured an order from a New York state court judge to temporarily block Wells Fargo & Co. (NYSE: WFC) acquiring Wachovia Corp. (NYSE: WB), leading the banks to use court to resolve the issue. - Sun, 5 Oct 2008 13:27:57 GMT
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Regulators Approve Wells Fargo Takeover of Wachovia
Federal antitrust regulators approved the acquisition of Wachovia by Wells Fargo, bringing the battle for the troubled bank to an end.
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Wells Fargo wins Fed approval on Wachovia bid (Reuters)
Reuters - The Federal Reserve on Sunday gave its stamp of approval to the takeover of Wachovia Corp by Wells Fargo & Co of San Francisco, which had battled New York-based Citigroup for ownership of the wounded bank.
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Wells Fargo & Company Announces Dividend - MarketWatch
The Associated PressWells Fargo & Company Announces DividendMarketWatch - 1 hour ago, , ) today announced a quarterly common stock dividend of 34 cents per share. The dividend is payable Dec. 1, 2008, to stockholders of record on Nov. 7, 2008.Wachovia Reports $23.9
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Whitney: Citi to cut dividend again
Weaker-than-expected earnings will force Citigroup, Wachovia, Bank of America and Wells Fargo to cut their dividends this spring, says Oppenheimer analyst Meredith Whitney.
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Citigroup and Wells Fargo Extend Wachovia Talks
The two banks said that they had agreed to extend their legal standstill in the fight for Wachovia until Friday morning.
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