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

Started by chris, November 05, 2008, 11:59:13 PM

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chris

Wells Fargo to sell $10 billion stock to fund Wachovia deal
      


NEW YORK (Reuters) - Wells Fargo &amp; 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.</p><div class="feedflare">
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