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U.S., Citi reach equity conversion deal: source (Reuters)

Started by riky, February 27, 2009, 08:03:22 AM

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riky

U.S., Citi reach equity conversion deal: source
    (Reuters)

 


<p>You are not allowed to view links. Register or LoginReuters - The U.S. government and Citigroup have reached a deal to convert up to $25 billion in government-held preferred shares in the bank to common equity, a person familiar with the transaction said early on Friday.</p><br clear="all"/>


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