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Wells Fargo, Not Citigroup, To Acquire Wachovia

NPR

Published October 3, 2008 at 7:44 AM EDT

Wells Fargo announced Friday that it will buy Wachovia in a deal worth about $15 billion after Wachovia ended talks with rival suitor Citigroup. Wells Fargo said the merger will require no assistance from the government.

Copyright 2008 NPR

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