Oct 03, 2008 03:49PM GMTOctober 03, 2008 15:49:49
Question • Money - Companies
Posted by Eric

Question Stats

2 answers
2 comments
raves +2  
Share This Question
Wells Fargo, Wachovia Merger: Should Wells Fargo merge with Wachovia or should Citi get the rights?

Wells Fargo, Wachovia Merger: Should Wells Fargo merge with Wachovia or should Citi get the rights?

Wells Fargo last night presented Wachovia with a signed and Board-approved offer to purchase Wachovia Corporation as an intact company and without government assistance in a stock-for-stock merger transaction. Prior to receiving this proposal, Wachovia had been negotiating with Citigroup to complete a transaction supervised by the FDIC that included assistance from the government. Wachovia’s Board approved Wells Fargo’s offer last night.

http://www.wachovia.com/inside/page/0,,134_307%5E1806,00.html...
  • Wells Fargo should get Wachovia
  • Citi should get Wachovia
  • I think that...
Add Image Add Video
resize
Loading Loading...
Sort By: Raves | Date Comments
  • raves     [-] by missnoee posted Oct 11, 2008 10:23PM GMTOctober 11, 2008 22:23:32
    missnoee reply

    Answered Citi should get Wachovia

    From what I heard it was promised to Citi.....if that's true........then Wachovia needs to keep their word.
  • raves     [-] by Xenon23 ^Robot For The Masses^ posted Oct 03, 2008 04:24PM GMTOctober 03, 2008 16:24:35
    Xenon23 ^Robot For The Masses^ reply

    Answered Wells Fargo should get Wachovia

    And my stock needs to go up.