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Wells Fargo to sell $10 billion stock to fund Wachovia deal (Reuters)

Started by riky, November 05, 2008, 11:02:41 PM

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riky

Wells Fargo to sell $10 billion stock to fund Wachovia deal
    (Reuters)

 



Reuters - Wells Fargo & Co  on Wednesday said it plans to sell at least $10 billion of stock to help fund its purchase of Wachovia Corp , which will create the fourth-largest U.S. bank by assets.


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