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Reuters: Citi may get at least $2 billion for Smith Barney deal

Started by chris, January 11, 2009, 05:59:16 AM

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chris

Citi may get at least $2 billion for Smith Barney deal
      


NEW YORK (Reuters) - Citigroup Inc is in advanced talks to sell its Smith Barney brokerage unit to Morgan Stanley, a person familiar with the matter said on Friday, in a move that would further dismantle the financial supermarket that has been bailed out by the U.S. government.<div class="feedflare">
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