Bankruptcy Law News
10/10/2008 11:58:15 AM EST
Wells Fargo plans to buy Wachovia; Citi ends talks
NEW YORK – (AP) Wells Fargo emerged as the apparent victor in the battle for control of Wachovia bank Thursday night, after rival suitor Citigroup broke off talks with Wells Fargo and federal regulators but vowed to have its day in court.
While Citigroup said it plans to seek $60 billion in damages for breach of contract, … Full version (available to lexis.com subscribers)
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