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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. Home > Rss Directory > Business > CNN |
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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. Home > Rss Directory > General > Yahoo News |
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Citigroup May Have To Walk Away In the battle for Wachovia, the law favors the bigger offer from Wells Fargo. Home > Rss Directory > Business > Forbes |
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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. Home > Rss Directory > General > Yahoo News |
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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. Home > Rss Directory > Business > CNN |
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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. Home > Rss Directory > Business > CNN |
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Bush says US should not walk away from NAFTA - The Associated Press PRESS TVBush says US should not walk away from NAFTAThe Associated Press - 3 hours agoNEW ORLEANS (AP) - President Bush chastised lawmakers on Tuesday for letting international trade deals falter in Congress and criticized Democratic presidential contenders for wantin Home > Rss Directory > General > Google News |
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Microsoft CEO willing to walk away from Yahoo bid SAN DONATO MILANESE, Italy (Reuters) - Microsoft Corp is prepared to walk away from its $43.6 billion bid for Yahoo Inc if the two sides can't agree on a price, Chief Executive Steve Ballmer said on Wednesday. Home > Rss Directory > Technology > Reuter |
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DealBook: Wachovia Begins Early Deal Talks with Citi Wachovia has begun preliminary talks with Citigroup about a potential merger, people briefed on the matter said Friday afternoon. Home > Rss Directory > General > NY Time |
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DealBook: Wachovia Begins Early Deal Talks with Citi Wachovia has begun preliminary talks with Citigroup about a potential merger, people briefed on the matter said Friday afternoon. Home > Rss Directory > Business > NY Time |
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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. Home > Rss Directory > General > Yahoo News |
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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. Home > Rss Directory > Business > NY Time |
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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. Home > Rss Directory > General > NY Time |
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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. Home > Rss Directory > Business > NY Time |
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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. Home > Rss Directory > Business > CNN |
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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. Home > Rss Directory > Business > CNN |
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Breakingviews.com: Citi’s Lawsuit Could Hurt Image Vikram Pandit is playing a dangerous game with Citigroup’s public image in his battle for Wachovia. Home > Rss Directory > Business > NY Time |
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Citi posts another loss, still wants to buy a bank
(Reuters) Reuters - Housing and credit market turmoil drove Citigroup Inc to its fourth straight quarterly loss and $13 billion of write-downs and credit losses, but the giant U.S. bank still wants to acquire deposits after its bid to acquire much of Wachovia Corp failed. Home > Rss Directory > General > Yahoo News |
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Citi promises to rein in risk A high-up Citigroup executive, chief administrative officer Don Callahan, had predicted that Citi's Investor Day, held Friday morning, would have to deal significantly in "promises," and that turned out to be the case. Citi is expecting to cut close to $500 billion from its $2.2 trillion balance she Home > Rss Directory > Business > CNN |
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Facing Default, Some Walk Out on New Homes The same sorts of loans that drove the real estate boom now change the nature of homeownership and foreclosure, giving borrowers incentives to walk away. Home > Rss Directory > General > NY Time |